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Mare Group Aims for Major Stake in Eles to Propel Growth

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An announcement from Mare Engineering Group SpA ( (IT:MARE) ) is now available.

Mare Engineering Group S.p.A. has surpassed the 20% share capital threshold in Eles Semiconductor Equipment S.p.A., aiming to become the main shareholder to drive an ambitious industrial growth plan. The company plans to leverage commercial, technological, and operational synergies to enhance Eles’ growth trajectory, with a goal to achieve 29.99% of Eles’ voting rights through a voluntary partial public offer.

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 operates in the innovation ecosystem with a focus on proprietary technology platforms, serving over 2,000 clients with a team of more than 500 people across 25 offices in five countries. Mare Group is known for its significant investments in R&D and its strategic acquisitions, which have enhanced its product portfolio and market presence.

Average Trading Volume: 41,859

Technical Sentiment Signal: Strong Buy

Current Market Cap: €60.51M

Learn more about MARE stock on TipRanks’ Stock Analysis page.

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