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Mare Group Expands with Major Acquisition of La SIA S.p.A.

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

Mare Group has completed the acquisition of a 70.6% stake in La SIA S.p.A., marking a significant expansion in its operations. This strategic move, involving a share capital increase and compliance with regulatory requirements, enhances Mare Group’s market presence and operational capabilities, potentially benefiting stakeholders through increased integration and resource utilization.

More about Mare Engineering Group SpA

Founded in 2001, Mare Group is an engineering company listed on Euronext Growth Milan, specializing in Applied Engineering and Digital Services with a focus on technology platforms. The company has over 2,000 clients, more than 300 employees, and 16 operational and commercial offices, making it a significant player in the Italian innovation ecosystem. Mare Group has demonstrated a strong capacity for integrating complementary resources and technologies through substantial R&D investments and 12 acquisitions since 2019.

Average Trading Volume: 32,137

Technical Sentiment Signal: Buy

Current Market Cap: €61.56M

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

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