Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Mare Engineering Group SpA ( (IT:MARE) ).
Mare Group S.p.A. has become the largest shareholder of Eles, a leader in semiconductor testing, and aims to create a national hub generating around €100 million in revenues. The company plans to strengthen its position in semiconductors, defense, aerospace, and digital AI sectors by proposing the expansion of Eles’s Board of Directors with three new directors to enhance its ability to face global challenges and foster growth.
More about Mare Engineering Group SpA
Founded in 2001, Mare Group is an engineering company listed on Euronext Growth Milan, focusing on proprietary technology platforms. It serves over 2,000 clients with a team of more than 500 people across 25 offices in five countries. The company is a significant player in the innovation ecosystem, having made 16 acquisitions since 2019 to expand its product portfolio and market presence.
Average Trading Volume: 39,558
Technical Sentiment Signal: Buy
Current Market Cap: €63.82M
Learn more about MARE stock on TipRanks’ Stock Analysis page.