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Mare Engineering Group SpA ( (IT:MARE) ) just unveiled an announcement.
Mare Group S.p.A. has announced that it has exceeded a 30% shareholding in Eles Semiconductor Equipment S.p.A. This move, achieved through market purchases and a shareholders’ agreement with Massimiliano Bellucci, marks a significant step in Mare Group’s strategic expansion. The acquisition is expected to strengthen Mare Group’s position in the semiconductor equipment sector, potentially increasing its influence and operational capabilities within the industry.
More about Mare Engineering Group SpA
Founded in 2001, Mare Group S.p.A. is an engineering company listed on Euronext Growth Milan. It operates in innovation through enabling technologies, with a focus on proprietary technology platforms. The company boasts over 2,000 clients, a workforce of more than 500 people, and 24 operational and commercial locations across 5 countries. Mare Group has made significant investments in R&D and has completed 16 acquisitions since 2019 to enhance its product portfolio and market presence.
Average Trading Volume: 50,093
Technical Sentiment Signal: Strong Buy
Current Market Cap: €74.73M
Find detailed analytics on MARE stock on TipRanks’ Stock Analysis page.