Endurance Technologies announced that the proposed merger between its wholly-owned step-down subsidiaries in Italy, Endurance Engineering S.r.l. and Endurance S.p.A, with Endurance Castings S.p.A, has been approved. The effective date of the merger is January 1, 2026, with an appointed date of April 1, 2025. As part of the restructuring, Endurance Castings S.p.A will be renamed Endurance S.p.A.
Merger Approval
Endurance Technologies has received the necessary approval for the merger of its Italian subsidiaries. The merger involves Endurance Engineering S.r.l. and Endurance S.p.A (collectively, the “Transferor companies”) merging with Endurance Castings S.p.A (“Transferee company”), all of which are wholly-owned step-down subsidiaries of the company.
Effective Date and Name Change
The effective date for the merger is set for January 1, 2026, with an appointed date of April 1, 2025. Following the merger, Endurance Castings S.p.A will be renamed Endurance S.p.A, effective from the Effective Date of the merger.
Source: BSE