Nature's Miracle to acquire Pangea
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2025
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Nature's Miracle Acquisition: Nature's Miracle has signed a non-binding letter of intent to acquire 100% of Pangea Global, offering 3.5 million shares and $2 million in working capital for the transaction.
Pangea Global Overview: Pangea Global, based in California with manufacturing in Mexico, specializes in LED lighting solutions, reported revenues of $38.5 million and an adjusted EBITDA of $2 million for 2023, and operates through three brands with a wide sales network.
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.
