The financial terms of the deal between one of the world’s largest producers of intimate apparel and the private equity firm were not disclosed.
Hop Lun manufactures lingerie, underwear and swimwear for brands including H&M, Fenty, Victoria’s Secret and Marks & Spencer and sells its own in-house brands Dorina and Janet Reger. The Hong Kong-based company has 12 wholly-owned factories employing 30,000 people, located in Bangladesh, China,…