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Dr Martens boasts £200m price tag Monday, 18th June 2012

 

The Griggs family, the owners of British footwear brand Dr Martens, are seeking as much as £200 million for the business after putting it up for sale earlier this year.

Private equity firm Electra Partners is among those looking to snap Dr Martens up, and potential buyers have been told they will have to pay up to £200 million to secure the deal.

Dr Martens delivered underlying profits of £22 million for the year to March, fuelled by growth in more than 60 countries.


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