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Mare Engineering Group SpA ( (IT:MARE) ) has provided an update.
Mare Engineering Group S.p.A. has announced the purchase of 8,000 ordinary shares of Eles Semiconductor Equipment S.p.A., as part of its voluntary public tender offer. This acquisition increases Mare Group’s stake in Eles to approximately 29.77% of its share capital, potentially strengthening its influence and strategic position within the semiconductor equipment industry.
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 technology platforms. With over 2,000 clients, a team of more than 500 people, and 24 offices in 5 countries, the company is a key player in the innovation ecosystem, known for significant R&D investments and strategic acquisitions to enhance its market presence.
Average Trading Volume: 50,338
Technical Sentiment Signal: Strong Buy
Current Market Cap: €74.73M
For a thorough assessment of MARE stock, go to TipRanks’ Stock Analysis page.