HomesToLife Ltd Announces Acquisition of HTL Marketing Pte Ltd, with 2024 Sales of US$330 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 05 2025
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Should l Buy ?
Source: Globenewswire
Acquisition Announcement: HomesToLife Ltd has entered into a definitive agreement to acquire 100% of HTL Marketing Pte Ltd, a leading supplier of upholstered sofas, for 75 million ordinary shares, aiming to enhance its market reach and profitability through synergies in sourcing and distribution.
Financial Expectations: The acquisition is projected to significantly boost HomesToLife's revenue from $4 million in 2024 to between $250 million and $280 million in 2025, with further growth anticipated in subsequent years.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
