June 11, 2024

Hop Lun Acquires PH Garments

June 11, 2024

Platinum Equity portfolio company Hop Lun, one of the globe's foremost designers and producers of intimate apparel, announced today its successful acquisition of P.H. Garment, a distinguished Hong Kong SAR-based lingerie manufacturer with over 35 years of specialization in high-quality bras, shapewear, and performance-driven activewear for world-renowned fashion brands.

Eddie Wong, Founder and Executive Director of P.H. Garment, commented, “The P.H. Garment team is thrilled to join forces with Hop Lun. We are eager to utilize Hop Lun’s extensive resources, design capabilities, and large-scale manufacturing to enhance our offerings and solutions for our clients.”

“We are delighted to welcome the P.H. Garment team into the Hop Lun family,” said Erik Ryd, Founder and CEO of Hop Lun. “We look forward to combining our expertise to provide even better service to our customers.”

About Platinum Equity

Established in 1995 by Tom Gores, Platinum Equity is a global investment firm managing over $48 billion in assets and maintaining a portfolio of around 50 operating companies that cater to customers worldwide. Platinum Equity focuses on mergers, acquisitions, and operations – a trademarked strategy known as M&A&O® – acquiring and managing companies across a wide array of sectors, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications, and others. Over the past 28 years, Platinum Equity has completed more than 450 acquisitions.

About Hop Lun

Founded in 1992 and headquartered in Hong Kong SAR, Hop Lun is a leading designer and manufacturer of intimate apparel, renowned for being the largest global provider of bra solutions. The company employs over 28,000 individuals across its international operations in Bangladesh, Indonesia, Mainland China, and Hong Kong SAR.

About P.H. Garment

Established in 1988 in Hong Kong SAR, P.H. Garment has been a premier private label manufacturer of innovative, high-quality bras, shapewear, and performance-driven activewear. The company attributes its success to pioneering manufacturing techniques, a robust talent pool, and strong customer relationships. It operates three manufacturing plants located in Bangladesh and Mainland China.

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