Mare Group agrees to buy UAV components maker CTMAVIO for EUR 9 million

• Mare Group agreed to acquire 100% of Italian aerospace manufacturer CTMAVIO, expanding in UAV engines and integrated systems for aerospace and defense.
• Deal value set at EUR 9 million; closing targeted by Nov. 15, 2026.
• Consideration includes EUR 6 million cash, with EUR 2 million placed in escrow for 24 months, and EUR 3 million in new Mare Group shares priced at EUR 5.6.
• Equity portion implies issuance of up to 535,714 new ordinary shares, subject to a 24-month lock-up.
• CTM’s 2025 figures cited for the business: EUR 8.3 million production value, EUR 3.2 million EBITDA; CTMAVIO net cash about EUR 0.1 million at June 30, 2026.

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 via SDIR, the Italian regulatory disclosure system (Ref. ID: 20318_170153_2026_oneinfo.pdf), on July 24, 2026, and is solely responsible for the information contained therein.