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Mare Engineering Group SpA ( (IT:MARE) ) has provided an announcement.
Mare Engineering Group S.p.A. has announced the acquisition of 2,607,445 warrants of Eles Semiconductor Equipment S.p.A., representing 44.37% of the circulating warrants. This move is part of a voluntary total public purchase offer aimed at acquiring all shares of Eles, excluding those already held by Mare Group. This acquisition strengthens Mare Group’s position in the semiconductor equipment industry and demonstrates its commitment to expanding its influence and operational capabilities in strategic sectors.
More about Mare Engineering Group SpA
Mare Engineering Group S.p.A. is an Italian high-tech engineering company operating in strategic sectors such as Aerospace and Defense, Industry, Critical Infrastructures, and the Twin Transition. Listed on Euronext Growth Milan, the company employs an asset-light model based on proprietary platforms and has a significant presence in Italy and Europe with over 2,000 clients, 500 employees, and 24 offices across five countries.
Average Trading Volume: 45,773
Technical Sentiment Signal: Buy
Current Market Cap: €81.64M
Learn more about MARE stock on TipRanks’ Stock Analysis page.