Mare Engineering Group SpaMIL: MARE

Mare Group Buys 55% Of Workgroup For EUR 2.9 Mln Cash, EUR 2.2 Mln Capital Hike Subscription

· Issued by Mare Engineering Group SpA

Mare Engineering Group SpA MIL:MARE:

  • BUYS 55% OF WORKGROUP

  • 31% BOUGHT FOR CASH CONSIDERATION OF EURO 2.9 MILLION

  • 24% ACQUIRED THROUGH CONFERRAL OF BUSINESS UNIT VIA RESERVED CAPITAL HIKE

  • VALUE OF CAPITAL HIKE AT AROUND EUR 2.2 MLN