PMGC signs non-binding LOI to acquire CNC aerospace firm with $4.5M revenue

PMGC Holdings Inc.

Target is a U.S.-based, AS9100/ISO 9001-certified CNC machining company founded in 1948.
2024 revenue of approx. $4.5M and adjusted EBITDA of $500K; serves Tier-1 aerospace clients.
Acquisition is subject to due diligence, corporate approvals, and execution of definitive documents.
PMGC (Nasdaq: ELAB) seeks to expand in certified domestic aerospace manufacturing.

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