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Mare Engineering Group SpA ( (IT:MARE) ) just unveiled an announcement.
Mare Engineering Group S.p.A. has announced the purchase of 165,000 ordinary shares of Eles Semiconductor Equipment S.p.A., representing approximately 0.9280% of Eles’ share capital. This acquisition is part of a voluntary partial public purchase and exchange offer, which aims to strengthen Mare Group’s position in the market. Following this transaction, Mare Group holds a total of 3,075,000 ordinary shares, equating to around 17.2953% of Eles’ share capital. This move reflects Mare Group’s strategy to integrate complementary resources and technologies to enhance its market footprint.
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 is active in innovation through enabling technologies and operates both in Italy and internationally. Mare Group has a significant presence in the innovation ecosystem, serving over 2,000 clients with a team of more than 500 people across 25 operational and commercial offices in five countries. The company focuses on expanding its market presence and product portfolio through significant investments in R&D and strategic acquisitions.
Average Trading Volume: 41,779
Technical Sentiment Signal: Strong Buy
Current Market Cap: €62.53M
Find detailed analytics on MARE stock on TipRanks’ Stock Analysis page.