Image source: © 2025 Krish Capital Pty.Ltd

Highlights

  • PMGC completed the acquisition of AGA Precision Systems, contributing USD 1.39 million in revenue from 2024.
  • AGA operates profitably with a debt-free structure and serves aerospace, defense, and industrial sectors.
  • PMGC’s estimated total annualized manufacturing revenue now exceeds USD 2.25 million after its second acquisition this quarter.

PMGC Holdings Inc. (Nasdaq: ELAB), a diversified public holding company, has announced the acquisition of AGA Precision Systems LLC, a California-based CNC machining and mold manufacturing business. The transaction adds over USD 1.39 million in annualized revenue to PMGC’s portfolio and supports the company’s strategy of acquiring profitable, U.S.-based industrial operations. AGA, which specializes in high-tolerance milling, turning, and machining of complex metals like titanium and Inconel, serves customers in the aerospace, defense, and industrial markets.

The acquisition was completed for USD 650,000 in cash and includes 100 percent of AGA’s issued and outstanding interests, with no associated debts or liabilities. AGA has a long-standing reputation for quality and precision and operates profitably on an EBITDA basis. The company has historically grown its business through referrals and repeat orders, without a formal sales or marketing effort. PMGC plans to retain existing leadership at AGA and will support operations with a new machine shop management team, providing strategic and financial oversight.

With this transaction, PMGC’s estimated total annualized manufacturing revenue now exceeds USD 2.25 million. AGA is PMGC’s second completed acquisition in July, following the purchase of Pacific Sun Packaging earlier in the month. The company has two additional pending acquisitions and continues to pursue its roll-up strategy, focusing on U.S.-based, cash-flow-positive manufacturing and industrial companies.

PMGC stated that this acquisition aligns with broader trends in U.S. reshoring and manufacturing revitalization, supported by federal policy measures such as the CHIPS and Inflation Reduction Acts. The global CNC machine tool market, from which AGA derives its core business, is projected to grow from USD 100.5 billion in 2024 to USD 109.1 billion in 2025 and to over USD 200 billion by 2033.AGA will continue operating under the PMGC umbrella, contributing niche technical expertise and deep customer relationships. PMGC plans to invest in business development and operational efficiency to enhance AGA’s market presence and production capacity over time.