HomesToLife Ltd Completes Acquisition of HTL Marketing Pte Ltd, Aiming for Global Market Expansion

Reuters

05-19

HomesToLife Ltd Completes Acquisition of HTL Marketing Pte Ltd, Aiming for Global Market Expansion

HomesToLife Ltd $(HTLM)$, a leading Singapore-based producer of home furniture products, has successfully completed the acquisition of HTL Marketing Pte Ltd. The deal, originally announced on May 5, 2025, involves the acquisition of 100% equity interests in HTL Marketing, a prominent B2B supplier of premium upholstered sofas and leather materials for sofa manufacturing. This strategic move is expected to enhance HomesToLife's market presence across Asia-Pacific, Europe, and North America, positioning the company for substantial growth in revenue and profitability. CEO Ms. Phua Mei Ming expressed excitement about the acquisition's completion and anticipates accelerated growth for the company by integrating HTL Marketing's operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Homestolife Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9454065-en) on May 19, 2025, and is solely responsible for the information contained therein.

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The deal, originally announced on May 5, 2025, involves the acquisition of 100% equity interests in HTL Marketing, a prominent B2B supplier of premium upholstered sofas and leather materials for sofa manufacturing. This strategic move is expected to enhance HomesToLife's market presence across Asia-Pacific, Europe, and North America, positioning the company for substantial growth in revenue and profitability. CEO Ms. Phua Mei Ming expressed excitement about the acquisition's completion and anticipates accelerated growth for the company by integrating HTL Marketing's operations.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Homestolife Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9454065-en) on May 19, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nNDL6TJyTB:1","article_id":"2536668903","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536668903","pubTimestamp":1747656610,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"HomesToLife Ltd , a leading Singapore-based producer of home furniture products, has successfully completed the acquisition of HTL Marketing Pte Ltd. 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The deal, originally announced on May 5, 2025, involves the acquisition of 100% equity interests in HTL Marketing, a prominent B2B supplier of premium upholstered sofas and leather materials for sofa manufacturing. This strategic move is expected to enhance HomesToLife's market presence across Asia-Pacific, Europe, and North America, positioning the company for substantial growth in revenue and profitability. CEO Ms. Phua Mei Ming expressed excitement about the acquisition's completion and anticipates accelerated growth for the company by integrating HTL Marketing's operations.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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