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Mare Engineering Group SpA ( (IT:MARE) ) has shared an update.
Mare Group S.p.A. has announced a change in its share capital following the acquisition of 70.6% of LA SIA S.p.A., resulting in a capital increase of €640,000. This move, which involved the issuance of 2,560,000 new shares, reflects the company’s strategic efforts to strengthen its market position and expand its shareholder base. CSE Holding s.r.l. now holds 5.65% of Mare Group’s share capital, marking a significant shift in the company’s ownership structure.
More about Mare Engineering Group SpA
Founded in 2001, Mare Group S.p.A. is an engineering company listed on Euronext Growth Milan, focusing on innovation through proprietary technological platforms. With over 2,000 clients and a team of more than 500 people, the company operates in six countries and has made significant investments in R&D and acquisitions to enhance its product portfolio and market presence.
Average Trading Volume: 33,193
Technical Sentiment Signal: Strong Buy
Current Market Cap: €61.11M
See more insights into MARE stock on TipRanks’ Stock Analysis page.