Hop Lun Completes Acquisition of Tobago’s and Chantelle Group’s Operations
Hop Lun, a global leader in the design and manufacture of intimate apparel and a portfolio company of Platinum Equity, is pleased to announce the successful completion of its acquisition of Tobago and the Moroccan manufacturing operations of the Chantelle Group, encompassing three modern production facilities – Famaco, Atma, and Tobago.
With these acquisitions, Hop Lun proudly welcomes approximately 800 new team members in Morocco to its growing global family. This integration marks another exciting milestone in Hop Lun’s journey of growth, positioning the company among the world’s largest intimate apparel manufacturers with 16 plants across 4 countries and a team of over 30,000 people.
These acquisitions strengthen Hop Lun’s production capacity, broaden its reach across Europe, and enhance its ability to serve customers with greater efficiency, agility, and proximity. Together, these operations establish a strong
manufacturing platform in Morocco and open up new opportunities for collaboration, innovation, and sustainable growth.
“This milestone reflects our shared vision to build a stronger, more connected organization that continues to set new standards for collaboration, creativity, and quality,” said Erik Ryd, Executive Chairman of Hop Lun. “We are excited to officially welcome our Moroccan colleagues into the Hop Lun family.”
Nadine Hall, CEO of Hop Lun, added: “The completion of these acquisitions is a celebration of teamwork and shared ambition. Together, we look forward to shaping the next chapter of Hop Lun’s growth—anchored in partnership, excellence, and a deep commitment to the people who make our success possible.”
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 global designer and manufacturer of intimate apparel, swimwear, activewear and nightwear. The company employs over 30,000 people across its manufacturing hubs in Bangladesh, Indonesia, Mainland China, and now Morocco. Recognized for its innovative design, customer-first approach, and commitment to excellence Hop Lun partners with many of the world’s leading fashion retailers.
About Tobago and Chantelle Group’s Moroccan Operations
Tobago, established in 1996, is a premium Morocco-based manufacturer specializing in corsetry, lingerie, and swimwear, known for its craftsmanship and strong partnerships with leading international brands. Famaco and Atma,
Chantelle Group’s Moroccan facilities, bring a legacy of precision, quality, and excellence that seamlessly complement Hop Lun’s global standards.
