PMGC (ELAB) has completed the acquisition of Pacific Sun Packaging, a specialized custom IT packaging company based in San Clemente, California, founded in 2011. The company designs and supplies custom-engineered protective packaging for delicate components such as central processing units, memory modules, solid state drives, hard disk drives, and fiber-optic transceivers, serving customers across the semiconductor, data center, and networking equipment supply chains. In FY23 and FY24, Pacific Sun generated combined revenue of $2,151,418. PMGC acquired 100% of the issued and outstanding shares of Pacific Sun for $1,148,000 in cash, with an additional $250K earnout contingent on the company achieving $1,145,915 in revenue over the 12-month period following closing.
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