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The latest announcement is out from Mare Engineering Group SpA ( (IT:MARE) ).
Mare Engineering Group S.p.A. has announced the purchase of 39,000 ordinary shares of Eles Semiconductor Equipment S.p.A., increasing its holdings to approximately 20.1694% of Eles’ share capital. This strategic acquisition, executed through Leonardo Capital Sim S.p.A., is part of a voluntary partial public purchase and exchange offer aimed at strengthening Mare Group’s position in the market.
More about Mare Engineering Group SpA
Founded in 2001, Mare Engineering Group S.p.A. is an engineering company listed on Euronext Growth Milan. It operates in the innovation sector through enabling technologies, serving over 2,000 clients with a team of more than 500 people across 25 offices in 5 countries. The company focuses on proprietary technology platforms and has made significant investments in R&D and acquisitions to enhance its product portfolio and market presence.
Average Trading Volume: 42,602
Technical Sentiment Signal: Strong Buy
Current Market Cap: €62.16M
For a thorough assessment of MARE stock, go to TipRanks’ Stock Analysis page.