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Mare Engineering Group SpA ( (IT:MARE) ) just unveiled an update.
Mare Group S.p.A. has completed the acquisition of Rack Peruzzi, a company specializing in high-security precision systems for critical resources and the Aerospace & Defense sector. This acquisition is part of Mare Group’s strategy to expand its high-tech engineering capabilities and enhance its market position. The purchase price was set at 250,000 euros, with an additional capital increase of 150,000 euros to boost production capacity at Rack Peruzzi’s Turin site. This move aligns with Mare Group’s growth strategy and strengthens its presence in the high-tech engineering sector.
More about Mare Engineering Group SpA
Founded in 2001, Mare Group is an Italian High-Tech Engineering Hub that operates in strategic sectors such as Aerospace and Defense, Industry, Critical Infrastructures, and the Twin Transition. The company is listed on Euronext Growth Milan and employs an asset-light model based on proprietary platforms. With over 2,000 clients, Mare Group has completed more than 30 research projects with Italian and foreign universities, employs 500 people, and has 24 operational and commercial offices in 5 countries. Since 2019, it has made 16 acquisitions, establishing itself as a major aggregator of innovation in Italy and Europe.
Average Trading Volume: 46,400
Technical Sentiment Signal: Buy
Current Market Cap: €77.61M
For detailed information about MARE stock, go to TipRanks’ Stock Analysis page.