Trimco Group to Acquire Wah Lung Labels to Expand Canadian Presence
May 2, 2023
Trimco Group has signed definitive agreements to acquire Wah Lung Labels, a leading supplier of brand identity products to Canadian and global apparel brands.
After closing, Wah Lung will become part of Trimco Group, the leading global supplier of brand identity and compliance products and services for international fashion and sports brands. Based in Toronto, Ontario, Wah Lung has been the trusted partner to many recognizable Canadian and global apparel brands and is expected to benefit from Trimco Group’s global production footprint, industry-leading designs, product offerings, and innovative digital solutions focused on supply chain optimization and sustainability including the bespoke supply chain traceability platform – ProductDNA® – and RFID solutions. After closing, Wah Lung’s founder Mimi Chau will lead Trimco Group’s Canadian business focusing on delivering best-in-class services to local clients.
“We are excited to partner with Mimi and her team at Wah Lung to continue serving our Canadian customers with an even broader set of products and designs, production locations, and industry-leading supply chain sustainability digital solutions,” said Amy Wan, CEO of Trimco Group. “Today, we are one of the leading supply chain partners for over 800 brands globally, and we are still early in our growth journey in North America, where we see huge potential for our brand and services. The partnership with Wah Lung is a perfect example of our focus on growing in this market and working with the right local partners to further drive our global expansion.”
“The Wah Lung acquisition fits perfectly into Trimco’s growth strategy and accelerates our expansion into the North American market. We see significant room for growth in North America by leveraging Brookfield’s large retail footprint and look forward to supporting Amy and her team to continue building out the Trimco Group brand and bringing their industry-leading products and services to more clients globally”, said Alex Yang, Managing Director for Brookfield Private Equity, who currently serves as the Chairman of the board of Trimco Group.
“This partnership will allow Wah Lung Labels to further increase our capabilities and provide an even more well-rounded solution for our customers. We are very excited to work closely with the Trimco Group and Brookfield teams to further cement our presence in the North American market, and offer industry-leading products, designs, and capabilities,” said Mimi Chau, owner of Wah Lung Labels.
About Trimco Group
Trimco Group is a leading global supplier of brand identity products for international fashion and sports brands. We provide innovative product designs and production techniques, manage and advise on care label regulations for international markets and operate world class logistics centres, all while complying to high ethical standards. We strive to deliver a trouble-free supply chain for all our brand owners to meet market demands for quality, timelines and sustainability. Trimco Group is the combined force of CLOTEX, A-TEX and LABELON, with more than 1,700 employees in 21 countries, serving more than 800 brands and 8,600 manufacturers around the world.
About Wah Lung Labels
Wah Lung is a Canadian-owned and operated group specializing in label, tag, and trim products. Our team is comprised of passionate leaders and professionals united through our shared investment in the integrity of each client’s brand story, resulting in valuable and prompt customer service, insight, and support. As a fully vertically integrated producer, we’re able to serve the client throughout the entire brand packaging and supply chain process, from conceptual design to manufacture to distribution logistics. Over a quarter century of supplying the domestic market and developing an international network of industry partners enables us to offer extremely competitive pricing, consistent high quality, and minimal lead time on an extensive product range.