Mare Engineering Group SpA ( (IT:MARE) ) just unveiled an update.
Mare Group has acquired 100% of I.D.E.A. S.r.l. as part of its growth strategy to enhance its industrial capabilities, particularly in Aerospace & Defense. This acquisition aims to consolidate Mare Group’s expertise in industrial automation and ensure operational continuity, while also preserving jobs and supporting the local industrial ecosystem. The company is also considering financial support for MO.S.A.I.C.’s arrangement plan, contingent on its approval, to further strengthen its market position.
More about Mare Engineering Group SpA
Mare Group S.p.A. is a digital engineering company listed on Euronext Growth Milan, operating in Italy and internationally. The company focuses on innovation through enabling technologies, particularly in the industrial sector, with a strong emphasis on Aerospace & Defense.
YTD Price Performance: -19.75%
Average Trading Volume: 12,864
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €53.87M
For an in-depth examination of MARE stock, go to TipRanks’ Stock Analysis page.