The Marygold Companies Enters Agreement to Sell Canadian Subsidiary
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 20 2025
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Source: Newsfilter
Sale of Brigadier Security Systems: The Marygold Companies, Inc. has announced the sale of its Canadian subsidiary, Brigadier Security Systems Ltd., to SKCAL LLC for approximately $2.2 million, aligning with its strategy to focus on financial services.
Future Plans and Financial Impact: The transaction is expected to close by July 1, 2025, and proceeds will be used to reduce corporate debt and support general corporate purposes, while the CEO expressed confidence in Brigadier's future under new ownership.
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About MGLD
The Marygold Companies, Inc. operates through its subsidiaries, who are engaged in varied business activities, financial services, food manufacturing, printing, and beauty products, under the trade names USCF Investments, Marygold & Co., Step-By-Step Financial Planners, Marygold & Co. Limited, Gourmet Foods, Printstock Products, and Original Sprout, respectively. Its segments include Fund Management, Food Products, Beauty Products, Financial Services, and Corporate Headquarters. Its primary business focus is the financial services industry, including exchange trade funds (ETF) management. USCF Investments provides fund management services to exchange-traded funds and (ETFs). Food Products manufactures and distributes meat pies on a commercial scale and prints specialty wrappers for the food industry in New Zealand and Australia. Beauty Products is engaged in the wholesale distribution of hair and skin care products on a global scale.
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.
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