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Mare Group Enters Strategic Shareholders’ Agreement with Eles Board Member

Story Highlights
  • Mare Group has entered a five-year shareholders’ agreement with Massimiliano Bellucci.
  • The agreement aims to ensure collaboration within the Eles group and maintain Bellucci’s involvement.
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Mare Engineering Group SpA ( (IT:MARE) ) has shared an announcement.

Mare Group S.p.A. has entered into a five-year shareholders’ agreement with Massimiliano Bellucci, a board member of Eles Semiconductor Equipment S.p.A. and CEO of CBL Electronics S.r.l., to ensure collaboration and professionalism within the Eles group. The agreement includes prior consultation obligations regarding voting rights at Eles’ meetings and aims to maintain Bellucci’s involvement in the group’s operations, potentially impacting the company’s strategic positioning and stakeholder relations.

More about Mare Engineering Group SpA

Founded in 2001, Mare Group is an engineering company listed on Euronext Growth Milan, focusing on innovation through enabling technologies. With over 2,000 clients, a team of more than 500 people, and 25 operational and commercial offices across 5 countries, the company is a significant player in the innovation ecosystem. Mare Group has made substantial investments in R&D and completed 16 acquisitions since 2019, showcasing its ability to integrate complementary resources and technologies to expand its product portfolio and market presence.

Average Trading Volume: 42,392

Technical Sentiment Signal: Strong Buy

Current Market Cap: €66.08M

For a thorough assessment of MARE stock, go to TipRanks’ Stock Analysis page.

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