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Mare Engineering Group SpA ( (IT:MARE) ) has issued an update.
Mare Engineering Group S.p.A. has announced the purchase of 279,000 ordinary shares of Eles Semiconductor Equipment S.p.A., representing approximately 1.57% of Eles’ share capital. This acquisition increases Mare Group’s total holdings to 13.95% of Eles’ share capital, enhancing its influence and stake in the semiconductor industry, which may impact its market positioning and stakeholder interests.
More about Mare Engineering Group SpA
Founded in 2001, Mare Engineering Group S.p.A. is an engineering company listed on Euronext Growth Milan. The company focuses on innovation through proprietary technology platforms, serving over 2,000 clients with a team of more than 500 people across 25 operational and commercial sites in five countries. Mare Group is a significant player in the innovation ecosystem, with substantial investments in R&D and 16 acquisitions since 2019 to expand its product portfolio and market presence.
Average Trading Volume: 43,241
Technical Sentiment Signal: Strong Sell
Current Market Cap: €63.62M
See more data about MARE stock on TipRanks’ Stock Analysis page.