Endurance Technologies buys Grimeca Srl
The deal will help Endurance strengthen the technological prowess in the braking systems space. Auto components maker Endurance Technologies acquired Italian auto-parts manufacturer Grimeca Srl for Euro 2.25 million. The acquisition was made through Endurance Adler SpA, a step-down subsidiary owned by Endurance Overseas Srl. The deal will help Endurance strengthen the technological prowess in the braking systems space. The acquisition is also expected to provide impetus to the growth opportunities for the company’s braking business in India, both for [...]