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Mare Engineering Group SpA ( (IT:MARE) ) has provided an announcement.
Mare Group S.p.A. has announced the purchase of 36,000 ordinary shares of Eles Semiconductor Equipment S.p.A., representing approximately 0.2025% of Eles’ share capital. This acquisition is part of a voluntary total public purchase offer aimed at acquiring all shares of Eles, excluding those already held by Mare Group. Following this transaction, Mare Group now holds 29.56% of Eles’ share capital and 27.73% of the voting rights, which could strengthen its influence and strategic position within the semiconductor industry.
More about Mare Engineering Group SpA
Founded in 2001, Mare Group is an engineering company listed on Euronext Growth Milan. It focuses on innovation through enabling technologies and has a significant presence in the innovation ecosystem with over 2,000 clients and more than 500 employees. The company operates 24 offices across 5 countries and has made 16 acquisitions since 2019, enhancing its market presence and product portfolio.
Average Trading Volume: 48,808
Technical Sentiment Signal: Strong Buy
Current Market Cap: €77.99M
See more insights into MARE stock on TipRanks’ Stock Analysis page.