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Mare Engineering Group SpA ( (IT:MARE) ) has provided an update.
Mare Group has strengthened its industrial partnership with TradeLab by selling a business unit built around its Marker Web and Obiettivo Europa digital platforms for a total consideration of €3.88 million, while simultaneously increasing its equity stake in TradeLab to 22.4% via a reserved capital increase. The deal accelerates TradeLab’s shift toward a scalable SaaS‑based model, expanding its portfolio into digital marketing, competitive analysis and tender‑monitoring services with over 900 active clients, while allowing Mare Group to monetise and concentrate its technology assets and pursue commercial growth through a joint commercial agreement and industrial synergies that are expected to drive significant business expansion from next year.
More about Mare Engineering Group SpA
Mare Group S.p.A., listed on Euronext Growth Milan, is an engineering company focused on innovation through enabling technologies, developing proprietary digital platforms and software infrastructures that support data‑driven marketing, tender monitoring and AI‑based market analysis for public and private sector clients. TradeLab S.p.A., also listed on the same market, operates in business analytics and consulting, with an increasing strategic focus on scalable SaaS platforms and advanced data analysis solutions.
Average Trading Volume: 41,105
Technical Sentiment Signal: Buy
Current Market Cap: €74.73M
For an in-depth examination of MARE stock, go to TipRanks’ Overview page.