Dr Martens close to sale - footwearbiz: Leading site for global footwe

News

Dr Martens close to sale

26/09/2013
UK footwear company Dr Martens is close to getting sold, after first putting itself up for sale a year ago, according to the Wall Street Journal.

It quotes people familiar with the matter as saying it is in advanced talks with one interested buyer.

The company hired investment bank Rothschild a year ago to begin touting the business to prospective buyers, and although a number of private equity firms showed interest, talks cooled.

Dr Martens is thought to have annual revenue of about $300 million.


Related stories:

Dr Martens update gets lightweight sole 07/09/2016

footwearbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.