Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Mare Engineering Group SpA ( (IT:MARE) ) has shared an update.
Mare Engineering Group S.p.A. has announced the purchase of 138,000 ordinary shares of Eles Semiconductor Equipment S.p.A., representing approximately 0.7762% of Eles’ share capital. This acquisition is part of a voluntary public tender offer aimed at acquiring all shares of Eles, excluding those already held by Mare Group. Following this purchase, Mare Group now holds approximately 30.55% of Eles’ share capital and 28.65% of voting rights. This move potentially strengthens Mare Group’s position in the semiconductor equipment market, indicating strategic growth and increased influence in Eles’ corporate decisions.
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 a presence in five countries, the company serves over 2,000 clients and employs more than 500 people. Mare Group has made significant investments in R&D and has completed 16 acquisitions since 2019, enhancing its product portfolio and market presence.
Average Trading Volume: 46,022
Technical Sentiment Signal: Buy
Current Market Cap: €76.26M
For a thorough assessment of MARE stock, go to TipRanks’ Stock Analysis page.