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Mare Group Becomes Second Largest Shareholder in Eles Semiconductor

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Mare Engineering Group SpA ( (IT:MARE) ) has shared an announcement.

Mare Engineering Group S.p.A. has become the second largest shareholder of Eles Semiconductor Equipment S.p.A. by surpassing the 10% share capital threshold, marking a strategic move in its industrial project. This acquisition aligns with Mare Group’s long-term growth model, which emphasizes sustainable development and technological independence, aiming to create jobs and value in adjacent sectors.

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 technological platforms. With over 2,000 clients, a team of more than 500 people, and 25 operational and commercial offices across 5 countries, the company is a significant player in the innovation ecosystem. Mare Group has demonstrated strong integration capabilities through substantial R&D investments and 16 acquisitions since 2019.

Average Trading Volume: 37,743

Technical Sentiment Signal: Strong Sell

Current Market Cap: €65.27M

See more insights into MARE stock on TipRanks’ Stock Analysis page.

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