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Mare Engineering Group SpA ( (IT:MARE) ) has provided an update.
Mare Group S.p.A. has announced the purchase of 27,000 ordinary shares of Eles Semiconductor Equipment S.p.A., representing approximately 0.1519% of Eles’ share capital. This acquisition is part of Mare Group’s voluntary total public purchase offer aimed at acquiring all shares of Eles, excluding those already held by Mare Group. Following this transaction, Mare Group now holds 29.72% of Eles’ share capital and 27.87% of voting rights, reflecting its strategic move to strengthen its 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. The company operates with proprietary technology platforms and has a significant presence in the innovation ecosystem, serving over 2,000 customers with a team of more than 500 people across 24 offices in 5 countries. Mare Group focuses on integrating complementary resources and technologies to expand its product portfolio and market presence, as evidenced by its substantial investments in R&D and multiple acquisitions since 2019.
Average Trading Volume: 49,913
Technical Sentiment Signal: Strong Buy
Current Market Cap: €79.14M
Find detailed analytics on MARE stock on TipRanks’ Stock Analysis page.