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Mare Group Approves Merger Plans for Subsidiary Integration

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The latest announcement is out from Mare Engineering Group SpA ( (IT:MARE) ).

Mare Group S.p.A. has approved merger plans to incorporate its wholly-owned subsidiaries, La SIA S.p.A. and M2R Holding S.r.l., as part of its integration and reorganization strategy. This move aims to simplify governance and enhance synergies within the group, with no change in Mare Group’s share capital, as the company will absorb all assets and liabilities of the merged entities.

More about Mare Engineering Group SpA

Founded in 2001, Mare Group is an engineering company listed on Euronext Growth Milan, focusing on innovation through proprietary technology platforms. With a client base exceeding 2,000 and a team of over 500 people across 25 offices in five countries, the company is a significant player in the innovation ecosystem, known for its strong R&D investments and strategic acquisitions.

Average Trading Volume: 39,868

Technical Sentiment Signal: Strong Buy

Current Market Cap: €64.54M

For a thorough assessment of MARE stock, go to TipRanks’ Stock Analysis page.

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