24 Oct 2013
Dr. Martens acquired by the Permira Funds
Global media contact
Noémie de Andia
Tel: +44 20 7632 1159
Dr. Martens, the iconic British footwear brand, announces today that an investment vehicle backed by the Permira Funds has agreed to acquire R Griggs Group Limited, the parent company and licensee in perpetuity of the Dr Martens brand for £300m. The deal is expected to complete in January 2014.
Dr. Martens is a global brand with a rich and diverse heritage and a contemporary relevance. Headquartered in Northants on the site of the original factory, it is sold in 63 countries, principally in the US, Asia, Europe and the UK. The company’s deep-rooted links with the working class, music, subcultures and self-expression have kept the brand at the forefront of youth culture for over 50 years.
Click below to download the full release.
Sign up to receive email alerts for the latest news