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Dr Martens could be bought by American investment firm

By Huw Hughes

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Business

American investment firm Carlyle Group LP is reportedly mulling a bid for British footwear brand Dr Martens.

Carlyle is in early talks over a potential offer, though no decision has been made and other bidders could emerge, Bloomberg reports, citing people familiar with the matter.

The British brand, known for its counterculture punk style, is currently owned by rival investment firm Permira, which bought the brand from the founding Griggs family in 2014 for 380 million pounds. Earlier this year, it was reported that the firm was working with Goldman Sachs Group Inc. and Robert W. Baird & Co to consider selling the bootmaker or floating it on the US stock market.

None of the parties involved have confirmed or denied the rumoured talks.

Photo credit: Dr Martens, Facebook

Dr Martens