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Mare Group Expands Stake in Eles Semiconductor Equipment

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An announcement from Mare Engineering Group SpA ( (IT:MARE) ) is now available.

Mare Engineering Group SpA has announced the purchase of 173,000 ordinary shares of Eles Semiconductor Equipment SpA, representing approximately 0.9730% of Eles’ share capital. This acquisition is part of a total public purchase offer aimed at acquiring all shares of Eles, excluding those already held by Mare Group. Following this purchase, Mare Group now holds 31.52% of Eles’ share capital and 29.57% of voting rights, potentially strengthening its position in the semiconductor equipment industry.

More about Mare Engineering Group SpA

Founded in 2001, Mare Engineering Group SpA 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 24 offices in five countries. The company has made significant investments in R&D and has completed 16 acquisitions since 2019, showcasing its ability to integrate resources and expand its market presence.

Average Trading Volume: 45,862

Technical Sentiment Signal: Buy

Current Market Cap: €76.26M

For an in-depth examination of MARE stock, go to TipRanks’ Overview page.

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