€20 million for acquisitions

BNL BNP Paribas and Banca Ifis have made a €20 million credit facility available to Mare Group, earmarked exclusively for acquisitions.

The facility does not result in immediate indebtedness: the funds will be drawn down on a case-by-case basis, at the Company’s request, for each acquisition.

Together with the €10 million capital increase announced on 31 July, Mare Group’s financial resources primarily allocated to acquisitions now amount to approximately €30 million.

For more information, read the press release.