Overview
- PMGC acquired 100% of A&B Aerospace for $4.5 million in cash, including a $225,000 holdback and customary post‑closing adjustments.
- A&B generated about $5.0 million in revenue and about $610,000 in management‑adjusted EBITDA over the twelve months to February 28, 2026, and the figures are unaudited.
- The Azusa, California shop runs more than 20 CNC machines with 5‑axis capability and holds AS9100D and ISO 9001:2015 quality certifications.
- Customers include Tier 1 suppliers such as Boeing, Honeywell, and Moog, which ties the business into major aerospace programs.
- PMGC said this is its fifth acquisition in the past twelve months as it builds a U.S. precision machining platform for aerospace, defense, and industrial customers, with A&B’s president staying on and operations continuing at the Azusa plant.