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Mare Engineering Group SpA ( (IT:MARE) ) has issued an announcement.
Mare Engineering Group S.p.A. has acquired 430,000 ordinary shares of Eles Semiconductor Equipment S.p.A., representing approximately 2.4185% of Eles’ share capital and 2.2684% of the voting rights. This purchase increases Mare Group’s holdings to 16.3673% of Eles’ share capital and 15.3511% of the voting rights, reflecting its strategic move to strengthen its position in the semiconductor equipment market.
More about Mare Engineering Group SpA
Founded in 2001, Mare Engineering Group S.p.A. is an engineering company listed on Euronext Growth Milan. It operates in the innovation sector through proprietary technology platforms, serving over 2,000 clients with a team of more than 500 people across 25 offices in five countries. The company has made significant investments in research and development and has completed 16 acquisitions since 2019 to enhance its product portfolio and market presence.
Average Trading Volume: 42,634
Technical Sentiment Signal: Strong Buy
Current Market Cap: €63.81M
See more insights into MARE stock on TipRanks’ Stock Analysis page.