- 7th listing of 2024 on Euronext Growth Milan
- 16th listing on Euronext in 2024
- The company raised €7.2 million
Borsa Italiana, part of the Euronext Group, today congratulates Mare Engineering Group on its listing on Euronext Growth Milan.
Mare Engineering Group is a company active in the field of digital engineering that develops advanced technological solutions and is characterized by an integrated offering of services, products, and processes in the realm of digital transformation. The Group develops technological innovation in collaboration with large enterprises and universities and transfers the developed technology to small and medium-sized enterprises.
Mare Engineering Group represents the seventhlisting on Borsa Italiana’s market for small and medium-sized companies, and it is Euronext’s sixteenth listing of the year.
In the placement phase, the company raised €7.2 million. The free float at admission was 21.8% and the market capitalisation at IPO was €42.2 million.
Antonio Maria Zinno, CEO of Mare Engineering Group, commented: "The listing on Euronext Growth Milan confirms the effectiveness of our commitment and the solidity of our vision. It reflects our steady growth, the result of the efforts of an ever-evolving team, and opens exciting prospects for the future of Mare Group. With renewed ambition, we are committed to continuing to invest in innovation and expanding our global presence, tackling the challenges of a constantly changing market with determination."
Caption: Antonio Maria Zinno, CEO of Mare Engineering Group, rang the bell during the market opening ceremony this morning to celebrate the company’s listing.