Permira casts eye on Dr. Martens

Dr. Martens is reportedly in exclusive talks with private equity group Permira, which is reported

to have offered the iconic boots brand a 300 million pounds takeover deal.

As per sources close to the company quoted by main British media, negotiations are advanced with a sale potentially being announced by the end of this month.

Permira is said to have had casted eye on the R Griggs’ family’s company since previous sale talks were abandoned after a miss-match between price expectations with the then suitors - including Electra Partners and Pamplona Capital - was abandoned after buyers failed to meet the family's asking price, recalled the ‘Telegraph’.

In the case of the negotiations bearing fruits, Permira is likely to be required to honour a separate royalty fee to the brand inventors' families, Dr Klaus Maertens and Dr Herbert Funck, after a licence deal was renegotiated last year.