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Mare Engineering Group SpA ( (IT:MARE) ) has shared an announcement.
Mare Group S.p.A. has announced the purchase of 152,000 ordinary shares and 173,995 warrants of Eles Semiconductor Equipment S.p.A., as part of its public tender offer to acquire the entirety of Eles’ shares. This acquisition increases Mare Group’s holding to approximately 32.38% of Eles’ share capital, reinforcing its strategic position in the semiconductor equipment industry.
More about Mare Engineering Group SpA
Founded in 2001, Mare Group is an engineering company listed on Euronext Growth Milan, operating with proprietary technology platforms. With over 2,000 clients and a team of more than 500 people across 24 offices in five countries, the company is a significant player in the innovation ecosystem, focusing on R&D and strategic acquisitions to enhance its market presence.
Average Trading Volume: 43,718
Technical Sentiment Signal: Buy
Current Market Cap: €76.26M
See more insights into MARE stock on TipRanks’ Stock Analysis page.