Backed by the US-headquartered global investment firm Platinum Equity, intimate apparel designer and manufacturer,Hop Lun has finalised the acquisition of Hong Kong-based PH Garment. This transaction represents Hop Lun's second add-on acquisition in the last six months, following the acquisition of Rainbow West Apparel in December 2023.
Jacob Kotzubei, Co-President and Matthew Louie, Managing Director, Platinum Equity reiterated the company's commitment to expand and diversify Hop Lun's capabilities, enhance its scale, and deliver added value to its customers.
A specialist in private label manufacturing of bras, shapewear, and active wear, PH Garment has three manufacturing facilities located in Bangladesh and China.
Established in 1992, Hong Kong-headquartered Hop Lun boasts a workforce of over 28,000 employees spread across its operations in Bangladesh, Indonesia, China, and Hong Kong.
