Mare Group agrees to buy 60% of ASS.EL. for EUR 2.4 million

• Mare Group signed a binding agreement to acquire 60% of aerospace and defense electronics supplier ASS.EL. for EUR 2.4 million.
• The deal values ASS.EL.’s equity at EUR 4 million, with an enterprise value of EUR 2.5 million.
• Payment comprises 95% cash and 5% treasury shares valued at EUR 5.60 each, subject to a 24-month lockup.
• Closing is expected by December 31, 2026, subject to government clearance.
• Options cover the remaining 40%, exercisable for six months following closing’s third anniversary, with a minimum price estimated at EUR 1.6 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mare Engineering Group S.p.A published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.