Dr. Martens Set to Go Public, Announce Cornerstone Investors
The Dr. Martens store on Carnaby Street in London.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
Iconic British bootmaker Dr. Martens is expected to begin an initial share sale on Monday that could value it in excess of 3 billion pounds ($4.1 billion), a person with knowledge of the matter said.
The company, which is owned by Permira Holdings, is set to say it’s secured cornerstone investors as it publishes a prospectus for the share sale, according to the person. The Sunday Times reported the start of the sale earlier.