PMGC Holdings Inc. Expands Portfolio with Letter of Intent to Acquire U.S.-Based CNC Machining Company

PMGC Holdings Inc. has announced the signing of a non-binding Letter of Intent to acquire a U.S.-based, cash-flow-positive CNC machining company with over 35 years of operational history. The company, which holds AS9100D and ISO 9001:2015 certifications, specializes in precision milling and turning, mold manufacturing, and working with exotic metals. The acquisition is expected to provide PMGC Holdings Inc. with a strategic advantage in the aerospace, defense, and industrial sectors.

The Target company generated approximately $1.4 million in revenue and $215,000 in adjusted EBITDA in 2024. PMGC Holdings Inc. believes the acquisition will not only provide operational depth and strategic relevance to its portfolio but also benefit from the current geopolitical dynamics and supply chain vulnerabilities. The company plans to leverage its existing expertise in strategic acquisitions to maximize growth and value.

Key Takeaways:

  • PMGC Holdings Inc. has signed a non-binding Letter of Intent to acquire a U.S.-based, cash-flow-positive CNC machining company with over 35 years of operational history.
  • The acquired company holds AS9100D and ISO 9001:2015 certifications and specializes in precision milling and turning, mold manufacturing, and working with exotic metals.
  • The acquisition is expected to provide PMGC Holdings Inc. with a strategic advantage in the aerospace, defense, and industrial sectors.
  • The Target company generated approximately $1.4 million in revenue and $215,000 in adjusted EBITDA in 2024.
  • PMGC Holdings Inc. plans to leverage its existing expertise in strategic acquisitions to maximize growth and value.
  • The company believes the acquisition will benefit from the current geopolitical dynamics and supply chain vulnerabilities.
  • The acquisition is subject to customary conditions, including completion of due diligence, certain corporate approvals, and execution and delivery of definitive documentation.

Statistics:

  • Approximate revenue generated by the Target company in 2024: $1.4 million
  • Approximate adjusted EBITDA generated by the Target company in 2024: $215,000

Sources:

  • PMGC Holdings Inc., "PMGC Holdings Inc. Signs Letter of Intent to Acquire Profitable U.S.-Based AS9100D & ISO 9001:2015 Certified US-Based CNC Machine Shop Serving Aerospace, Defense, and Industrial Markets for over 35 years" (June 16, 2025)
  • Northstrive Biosciences, "NorthStrive Biosciences Announces Initiation of Phase II of Collaboration to Develop AI Powered Therapies for Obesity and Cardiometabolic Diseases" (June 17, 2025)