Acquires Italian Auto Component Firms Fondalpress & Anna Milena
Endurance Technologies Limited · ENDURANCE · NSE ·
Acquired a 100% stake in two Italian companies: Fondalpress SpA (an auto components manufacturer) and its holding company, Anna Milena SpA. The total acquisition cost was €12.34 million, with an effective net cost of €2.24 million after accounting for cash held by the target comp…