PMGC Holdings Inc. has completed the acquisition of SVM Machining, Inc., a Northern California-based CNC precision machining and manufacturing services company founded in 1997 by Mark Serpa. SVM serves customers in medical, aerospace, biotech, pharmaceutical, semiconductor, and transportation markets, and reported revenue of $3,042,701 for the fiscal year ended December 31, 2024. The transaction expands PMGC’s precision manufacturing footprint in California and supports its strategy to assemble a multi-site machining platform across various industries. The purchase involved a base price of $2,250,000 in cash, with additional earnout consideration possible based on SVM's post-closing revenue performance.

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