HomesToLife Ltd Announces Closing of Acquisition of HTL Marketing Pte Ltd
HomesToLife Ltd (NASDAQ: HTLM), a Singapore-based furniture producer, has successfully completed the acquisition of HTL Marketing Pte Ltd, a leading B2B supplier of premium upholstered sofas and leather materials. The acquisition, initially announced on May 5, 2025, involves purchasing 100% equity interests in HTL Marketing.
CEO Phua Mei Ming expressed optimism about the transaction, stating it would position HomesToLife as a major furniture industry player with enhanced global market access and potential for substantial revenue and profitability growth. The company operates across Asia-Pacific, Europe, and North America regions.
HomesToLife Ltd (NASDAQ: HTLM), un produttore di mobili con sede a Singapore, ha completato con successo l'acquisizione di HTL Marketing Pte Ltd, un importante fornitore B2B di divani imbottiti di alta qualità e materiali in pelle. L'acquisizione, annunciata inizialmente il 5 maggio 2025, prevede l'acquisto del 100% delle partecipazioni azionarie di HTL Marketing.
La CEO Phua Mei Ming si è mostrata ottimista riguardo all'operazione, affermando che posizionerà HomesToLife come un attore principale nel settore dell'arredamento, con un accesso globale al mercato potenziato e un potenziale significativo di crescita di fatturato e redditività. L'azienda opera nelle regioni Asia-Pacifico, Europa e Nord America.
HomesToLife Ltd (NASDAQ: HTLM), un fabricante de muebles con sede en Singapur, ha completado con éxito la adquisición de HTL Marketing Pte Ltd, un proveedor B2B líder de sofás tapizados premium y materiales de cuero. La adquisición, anunciada inicialmente el 5 de mayo de 2025, implica la compra del 100% de las participaciones accionarias de HTL Marketing.
La CEO Phua Mei Ming expresó optimismo sobre la transacción, señalando que posicionará a HomesToLife como un actor importante en la industria del mueble con un acceso global mejorado al mercado y un potencial considerable para el crecimiento de ingresos y rentabilidad. La empresa opera en las regiones de Asia-Pacífico, Europa y Norteamérica.
HomesToLife Ltd (NASDAQ: HTLM)는 싱가포르에 본사를 둔 가구 제조업체로, 프리미엄 소파 및 가죽 소재를 공급하는 선도적인 B2B 업체인 HTL Marketing Pte Ltd를 성공적으로 인수했습니다. 이 인수는 2025년 5월 5일 처음 발표되었으며, HTL Marketing의 지분 100%를 매입하는 내용입니다.
CEO Phua Mei Ming은 이번 거래에 대해 낙관적인 입장을 밝히며, 이를 통해 HomesToLife가 가구 산업의 주요 기업으로 자리매김하고 글로벌 시장 접근성이 향상되며, 매출 및 수익성에서 상당한 성장 가능성을 갖게 될 것이라고 말했습니다. 회사는 아시아 태평양, 유럽, 북미 지역에서 사업을 운영하고 있습니다.
HomesToLife Ltd (NASDAQ: HTLM), un fabricant de meubles basé à Singapour, a finalisé avec succès l'acquisition de HTL Marketing Pte Ltd, un fournisseur B2B leader de canapés rembourrés haut de gamme et de matériaux en cuir. L'acquisition, initialement annoncée le 5 mai 2025, consiste en l'achat de 100 % des parts sociales de HTL Marketing.
La PDG Phua Mei Ming s'est montrée optimiste quant à cette opération, affirmant qu'elle positionnera HomesToLife comme un acteur majeur de l'industrie du meuble, avec un accès renforcé aux marchés mondiaux et un potentiel important de croissance du chiffre d'affaires et de la rentabilité. L'entreprise opère dans les régions Asie-Pacifique, Europe et Amérique du Nord.
HomesToLife Ltd (NASDAQ: HTLM), ein in Singapur ansässiger Möbelhersteller, hat erfolgreich die Übernahme von HTL Marketing Pte Ltd abgeschlossen, einem führenden B2B-Anbieter von hochwertigen Polstersofas und Lederwaren. Die Übernahme, die ursprünglich am 5. Mai 2025 angekündigt wurde, umfasst den Kauf von 100 % der Beteiligungen an HTL Marketing.
CEO Phua Mei Ming äußerte sich optimistisch zu der Transaktion und erklärte, dass sie HomesToLife als wichtigen Akteur in der Möbelbranche positionieren werde, mit verbessertem globalem Marktzugang und erheblichen Wachstumspotenzialen bei Umsatz und Profitabilität. Das Unternehmen ist in den Regionen Asien-Pazifik, Europa und Nordamerika tätig.
- Strategic acquisition of HTL Marketing expands product portfolio into premium upholstered sofas and leather materials
- Potential for revenue and profitability growth through expanded global market access
- Complete ownership (100% equity) provides full control over HTL Marketing's operations
- Vertical integration opportunities through B2B procurement capabilities
- Integration costs and challenges may impact short-term performance
- Financial terms of the acquisition not disclosed, limiting assessment of the deal's value
Singapore, May 19, 2025 (GLOBE NEWSWIRE) -- HomesToLife Ltd (NASDAQ: HTLM) (“HomesToLife” or the “Company”), the holding company of one of the leading producers of home furniture products based in Singapore with sales across Asia-Pacific, Europe and North America regions, today announced the successful closing of the acquisition of
“We are thrilled to close this acquisition,” said HomesToLife Chief Executive Officer, Ms. Phua Mei Ming. “This transaction, we believe, will enable HomesToLife to become a major furniture industry entity accessing extensive global market opportunities and generating substantial growth in both revenue and profitability.
“We look forward to integrating HTL Marketing's operations and transitioning to an era of accelerated growth for our Company.”
About HomesToLife Ltd
HomesToLife Ltd is the holding company of HomesToLife Pte. Ltd., one of the leading home furniture retailers that offers and sells customized furniture solutions in Singapore; HTL Far East Pte. Ltd., a company dedicated to sourcing, distributing, and delivering premium furniture and related products to the business sector across the Asia-Pacific region; and HTL Marketing Pte Ltd, a leading B2B procurer and supplier of premium upholstered sofas and leather materials for sofa manufacturing, with sales across Asia-Pacific, Europe and North America regions.
FORWARD-LOOKING STATEMENTS
Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties (including that various closing conditions to the Acquisition may not be satisfied or waived) and are based on the Company’s current expectations and projections about future events that the Company believes may affect financial condition, results of operations, business strategy and financial needs of the Company and HTL Marketing. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
Contacts:
HomesToLife Ltd Contact:
6 Raffles Boulevard, #02-01/02
Marina Square, Singapore 039594
Email: Investor@homestolife.com
Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
Office: (646) 893-5835
Email: info@skylineccg.com
FAQ
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