Permira to acquire UK footwear brand Dr. Martens – FT

According to the Financial Times, British bootmaker Dr. Martens is on the verge of being acquired by European private equity firm Permira for £300 million. The paper reports that Permira will be buying the Griggs family’s majority ownership stake in Dr. Martens. Also, under the terms of the deal, Permira will be acquiring the license to use the Dr Martens brand in perpetuity.