A-Mark to Acquire LPM Group Limited, One of Asia’s Largest Precious Metals Dealers, Representing A-Mark’s Expansion into Asia
Established in 2012, LPM is one of the largest precious metals wholesalers in Asia.
- Established in 2012, LPM is one of the largest precious metals wholesalers in Asia.
- Headquartered at the heart of Hong Kong's Central Financial District, LPM boasts the city's largest numismatics showroom.
- “Acquiring LPM will be an important step in growing A-Mark’s international presence, specifically in Asia,” said A-Mark CEO Greg Roberts.
- The letter of intent further provides that LPM will have a tangible net worth of $11.5 million inclusive of net cash and precious metals inventories.