{
  "id": 17936076,
  "title": "Mare group acquires 60% of ASS.EL., electronic board manufacturer",
  "url": "https://urgent.news/2026/11/03/mare-group-acquisisce-il-60-di-ass-el-produttore-di-schede",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-03T08:18:57.000Z",
  "source": {
    "name": "Il Sole 24 Ore",
    "slug": "il-sole-24-ore",
    "url": "https://www.ilsole24ore.com/art/mare-group-acquisisce-60percento-assel-produttore-schede-elettroniche-AJJuGD2B"
  },
  "original_language": "it",
  "account": "Mare Group has reached an agreement to acquire a 60% stake in ASS.EL., an electronic components producer headquartered in Aprilia, Latina. The company specializes in manufacturing electronic cards and repairing electronic and electromechanical devices for the aerospace and defense sectors, serving major national and international operators, including Leonardo. The closing of the acquisition is expected by December 31, 2026, with a total value of 2.4 million euros. The enterprise value is estimated at around four times the expected EBITDA for 2026, approximately 0.6 million euros on a production value of 5 million euros.\n\nAntonio Maria Zinno, CEO of Mare Group, stated, \"ASS.EL. has 35 years of history, qualified customers in aerospace & defense, and recurring revenue from maintenance. The demand for onboard electronics is growing with European investments in the sector, and platforms remain in service for decades: working with the customer to maintain the system is a long-term relationship. With ASS.EL., our supply chain covers almost the entire path, from the design to the after-sales service, and brings electronics as a domain on which we will continue to invest.\" To acquire the remaining 40% of ASS.EL.'s capital, Mare Group will pay the selling shareholders based on a recognized value, and the selling shareholders have the right to sell it to Mare Group, both exercisable within six months after the third anniversary of the closing.",
  "summary": "Mare Group has signed a binding agreement for the acquisition of 60% of the share capital of ASS.EL. S.r.l, a company based in Aprilia (in the province of Latina) which produces boards...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}