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Mare Group Acquires Majority Stake in La SIA, Boosting Its Engineering Prowess

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Mare Engineering Group SpA ( (IT:MARE) ) just unveiled an update.

Mare Engineering Group S.p.A. has acquired a 70.6% stake in La SIA S.p.A., marking a significant milestone in its strategic expansion. This transaction enables Mare Group to enhance its innovation capabilities and extend its reach into new sectors by integrating La SIA’s expertise in advanced digital engineering. The acquisition positions Mare Group within the top 10 independent engineering firms in Italy and supports its ambition to become a national leader in digital engineering, with a focus on sustainable growth and technological convergence.

More about Mare Engineering Group SpA

Mare Engineering Group S.p.A is a digital engineering company listed on Euronext Growth Milan, operating in Italy and abroad through enabling technologies. The company focuses on critical infrastructure, civil engineering, smart cities, and sustainable mobility sectors, reimagining digital engineering through the integration of Artificial Intelligence and Extended Reality.

YTD Price Performance: -1.34%

Average Trading Volume: 20,071

Technical Sentiment Consensus Rating: Hold

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

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