PMGC Holdings Completes Strategic Acquisition of Indarg Engineering
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PMGC Holdings Inc. announced the acquisition of Indarg Engineering, a CNC machining company, through its subsidiary AGA Precision Systems LLC. This strategic move aims to enhance PMGC's U.S. manufacturing strategy in aerospace and industrial supply chains. The acquisition is expected to improve earnings scalability and operational synergies. However, ELAB stock is rated as Underperform by Spark due to financial weaknesses and lack of positive catalysts. PMGC Holdings is a diversified company focused on strategic acquisitions across various industries.
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