HomesToLife Acquires HTL Marketing to Expand Furniture Industry Presence

• HomesToLife Ltd acquires 100% of HTL Marketing Pte Ltd • Acquisition enables HomesToLife to tap global market opportunities • Expected to generate substantial growth in revenue and profitability • Integration to begin soon • Acquisition announced on May 5, 2025 • HomesToLife CEO, Ms. Phua Mei Ming, thrilled with the transaction • HomesToLife to become major furniture industry entity • Extensive global market opportunities to be accessed • Substantial growth expected in revenue and profitability.

Singapore, May 19, 2025 (GLOBE NEWSWIRE) -- HomesToLife Ltd (NASDAQ: HTLM), a leading producer of home furniture products based in Singapore, has successfully closed the acquisition of HTL Marketing Pte Ltd. This strategic move positions HomesToLife as a major player in the furniture industry, with enhanced global market access and potential for significant revenue and profitability growth.

The acquisition, initially announced on May 5, 2025, involves purchasing 100% equity interests in HTL Marketing, a leading B2B supplier of premium upholstered sofas and leather materials. HomesToLife CEO Phua Mei Ming expressed optimism about the transaction, stating that it will enable the company to become a major furniture industry entity, accessing extensive global market opportunities and generating substantial growth in both revenue and profitability.

HomesToLife operates across Asia-Pacific, Europe, and North America regions, and the acquisition of HTL Marketing will further expand its reach. The integration of HTL Marketing's operations is expected to commence soon, as the company looks forward to an era of accelerated growth.

The acquisition was announced on May 5, 2025, and the successful closing was confirmed today. HomesToLife's Chief Executive Officer, Ms. Phua Mei Ming, stated, "We are thrilled to close this acquisition. This transaction, we believe, will enable HomesToLife to become a major furniture industry entity accessing extensive global market opportunities and generating substantial growth in both revenue and profitability. We look forward to integrating HTL Marketing's operations and transitioning to an era of accelerated growth for our Company."

HomesToLife Ltd is the holding company of HomesToLife Pte. Ltd., HTL Far East Pte. Ltd., and HTL Marketing Pte. Ltd. The acquisition of HTL Marketing will strengthen the company's position in the furniture industry, leveraging its extensive global market access.

Forward-Looking Statements
Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties (including that various closing conditions to the Acquisition may not be satisfied or waived) and are based on the Company’s current expectations and projections about future events that the Company believes may affect financial condition, results of operations, business strategy and financial needs of the Company and HTL Marketing. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

Contacts:
HomesToLife Ltd Contact:
6 Raffles Boulevard, #02-01/02
Marina Square, Singapore 039594
Email: Investor@homestolife.com
Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
Office: (646) 893-5835
Email: info@skylineccg.com

References:
[1] https://www.stocktitan.net/news/HTLM/homes-to-life-ltd-announces-closing-of-acquisition-of-htl-marketing-exvpuqww6h0p.html
[2] https://www.marketscreener.com/quote/stock/HOMESTOLIFE-LTD-176368586/news/HomesToLife-Ltd-Announces-Closing-of-Acquisition-of-HTL-Marketing-Pte-Ltd-49996796/