Others

Endurance Technologies Ltd - Acquisition Of Fonpresmetal Gap Spa

| Updated on January 07, 2019 Published on January 07, 2019

We inform that Endurance Overseas Srl., Italy (EOSrl), a subsidiary of the Company and the special purpose vehicle for strategic overseas investments, has acquired the entire equity stake in Fonpresmetal Gap SpA (Fonpresmetal), an aluminum die casting company in Italy.

The effective date of this acquisition is 7th January, 2019.

Upon acquisition, the name of Fonpresmetal has been changed to Endurance Castings SpA. Consequent to this acquisition, the Endurance Group in Europe now has nine manufacturing plants, of which six are in Italy and three in Germany.

We request you to take the above information on your record.

Pdf Link: Endurance Technologies Ltd - Acquisition Of Fonpresmetal Gap Spa

Source : BSE - www.bseindia.com

Published on January 07, 2019
This article is closed for comments.
Please Email the Editor