Hop Lun (Platinum Equity) Signs Agreements to Acquire Tobago and Chantelle’s Morocco Operations

Platinum Equity Acquires Majority Interest in Hop Lun

June 20, 2022

Manufacturing

Platinum Equity has acquired a controlling stake in Hong Kong-headquartered lingerie and swimwear manufacturer Hop Lun from founder Erik Ryd, who retained a significant ownership stake. The transaction, led by Platinum's Singapore investment team, positions Hop Lun — a global designer and manufacturer employing over 30,000 with production in Bangladesh, China, Ethiopia and Indonesia — for accelerated organic growth, strategic M&A and sustainability initiatives. Financial terms were not disclosed.

Platinum Equity-backed Hop Lun Acquires P.H. Garment

June 6, 2024

Manufacturing

Platinum Equity portfolio company Hop Lun has acquired P.H. Garment, a Hong Kong-headquartered private-label manufacturer of bras, shapewear and performance-driven activewear with three manufacturing facilities in Bangladesh and China. The add-on expands Hop Lun's manufacturing capabilities—particularly in bonded products—and aims to increase scale and service offerings for global fashion brands.

Hop Lun (Platinum Equity portfolio company) Acquires RW Designs (Rainbow West Apparel)

December 18, 2023

Manufacturing

Hop Lun, a Platinum Equity portfolio company and global designer/manufacturer of intimate apparel and swimwear, has acquired Rainbow West Apparel (RW Designs), a Los Angeles–based woman- and minority-owned private-label swimwear design house. The acquisition expands Hop Lun's U.S. sample, design and private-label capabilities and is an add-on to the Hop Lun platform to better serve retail partners with shorter lead times and greater flexibility.

Marietton Développement (Havas Voyages) Acquires Le Monde à la Carte (Austral Lagons)

March 10, 2021

Professional Services

Marietton Développement, through its Havas Voyages business, has acquired 100% of Le Monde à la Carte (Austral Lagons), a specialist in tailor-made trips to destinations including the Indian Ocean, Polynesia, Southern Africa, the Emirates and Latin America. The incumbent head Hélion de Villeneuve will remain as Managing Director and become a shareholder of the Marietton Group.

Montagu Acquires Majority Stake in HTL Biotechnology

February 28, 2022

Pharmaceuticals

Montagu, a leading private equity firm, has acquired a majority stake in HTL (HTL Biotechnology) from Bridgepoint, with minority shareholders Naxicap and Téthys Invest retaining their holdings. Montagu will support HTL's international expansion, R&D and premium product positioning and has appointed Paul Navarre as Chairman to help drive the company's next growth phase.

J.A.M. Enterprises Acquires Chantal Cookware

February 6, 2023

Consumer Products

Lori Carriello's J.A.M. Enterprises has acquired Chantal, a 51-year-old Houston-based cookware company founded by Heida Thurlow. The buyer plans to continue Chantal's legacy while expanding product lines and opening new markets for the premium housewares brand.