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The latest update is out from Mare Engineering Group SpA ( (IT:MARE) ).
Mare Group has clarified its strategy regarding its investment in Eles Semiconductor Equipment S.p.A., stating that it will not tender its stake into a competing public offer launched by third parties for Eles shares and that it has no intention of pursuing a delisting of Eles from Euronext Growth Milan. The group frames its holding in Eles as a long-term industrial investment aimed at joint technological development and competitive growth for both companies, while maintaining both listings on Euronext Growth Milan as a source of value, a stance that provides visibility and continuity for shareholders and reinforces Mare Group’s positioning as a strategic industrial partner rather than a purely financial investor in the semiconductor equipment space.
More about Mare Engineering Group SpA
Founded in 2001, Mare Group S.p.A. is an Italian high-tech engineering hub listed on Euronext Growth Milan, active in aerospace and defense, industrial applications, critical infrastructure and the twin green–digital transition. Operating with an asset-light model built on proprietary platforms, it serves over 2,000 clients, collaborates on research projects with Italian and international universities, employs around 500 people and runs 24 operational and commercial sites across five countries, positioning itself as a major consolidator of innovation in Italy and Europe through an active M&A strategy.
Average Trading Volume: 40,304
Technical Sentiment Signal: Buy
Current Market Cap: €76.45M
For a thorough assessment of MARE stock, go to TipRanks’ Stock Analysis page.