PMGC Holdings Acquires CNC Machining Company AGA Precision Systems, Adding $1.39 Million in Cash-Flow-Positive Revenue

PMGC Holdings Inc. has completed the acquisition of AGA Precision Systems LLC, a California-based CNC machining business with over $1.39 million in revenue in 2024 and a track record of profitability. The transaction adds to PMGC's U.S. manufacturing revenue and brings estimated total annualized revenue to over $2.25 million. AGA specializes in high-tolerance milling, turning, and machining of complex metals, serving the aerospace, defense, and industrial sectors. The acquisition aligns with PMGC's strategy of acquiring specialized, U.S.-based manufacturing businesses with strong fundamentals and long-term growth potential.

July 2, 2025

PMGC Holdings Inc. (Nasdaq: ELAB) has completed the acquisition of AGA Precision Systems LLC, a California-based CNC machining business with over $1.39 million in revenue in 2024 and a track record of profitability. The transaction adds to PMGC's U.S. manufacturing revenue and brings estimated total annualized revenue to over $2.25 million.

AGA Precision Systems LLC specializes in high-tolerance milling, turning, and machining of complex metals, serving the aerospace, defense, and industrial sectors. The acquisition aligns with PMGC's strategy of acquiring specialized, U.S.-based manufacturing businesses with strong fundamentals and long-term growth potential.

The acquisition of AGA reflects PMGC’s continued focus on acquiring U.S.-based, cash-flow-positive industrial businesses with capabilities that strengthen mission-critical supply chains. It also aligns with broader industry momentum toward US-based manufacturing, reshoring, which are revitalizing America’s aerospace, defense, and precision manufacturing sectors [1].

AGA Precision Systems LLC is a specialized CNC machine shop focused on high-tolerance milling, turning, mold manufacturing, and machining of complex metals including titanium and Inconel. The company serves customers across the aerospace, defense, and industrial sectors, delivering precision components to demanding technical specifications [1].

PMGC intends to support AGA’s continued growth through targeted investments in business development, production efficiency, and resource planning. The Company also sees long-term opportunity to deepen AGA’s footprint across defense and industrial programs requiring reliable, U.S.-based suppliers [1].

The global CNC machine tool market is projected to grow from $100.5 billion in 2024 to $109.1 billion in 2025, reaching over $200 billion by 2033. Growth is driven by demand from aerospace, defense, and industrial sectors, alongside reshoring efforts supported by the CHIPS and Inflation Reduction Acts [1].

AGA marks PMGC’s second completed acquisition this quarter, following the acquisition of Pacific Sun Packaging on July 10, 2025. The Company has two additional pending acquisitions previously announced and continues to pursue further opportunities in cash-flow-positive U.S.-based manufacturing and industrial businesses [1].

PMGC acquired 100% of the issued and outstanding interests in AGA for $650,000 in cash with no debts or liabilities [1].

References:
[1] https://www.streetinsider.com/Globe+Newswire/PMGC+Holdings+Inc.+Completes+Acquisition+of+CNC+Machining+Company+-+AGA+Precision+Systems+LLC/25069823.html