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Hop Lun completes acquisition of P.H. Garment to enhance its intimate apparels portfolio

Jun 06, 2024•about 1 year ago

Acquiring Company

Hop Lun

Acquired Company

P.H. Garment

KowloonHong KongFashionManufacturingFashionManufacturing

Description

Hop Lun, a global leader in intimate apparels, has announced the acquisition of P.H. Garment, a premier private label manufacturer of high-quality bras, shapewear, and active wear. The acquisition aims to leverage the combined expertise of both companies to provide even better service and solutions to customers worldwide.

Company Information

Company

Hop Lun

Location

Kowloon, Hong Kong, China

About

Hop Lun is a leading designer and manufacturer of intimate apparels, headquartered in Hong Kong. With over 28,000 employees across global operations in Bangladesh, Indonesia, China, and Hong Kong, Hop Lun is the largest global provider of bra solutions. The company specializes in providing a full range of design and production services and serves customers worldwide.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed