Announced
Completed
Financials
Sources
Tags
Private
Single Bidder
Clothing and Accessories
Completed
Majority
Friendly
Australia
footwear and clothing
Acquisition
Private Equity
Domestic
Synopsis
Andrew Forrest, the Australian mining billionaire, completed the acquisition of R.M. Williams, a footwear and clothing company, from L Catterton, an American private equity company. The transaction was carried out through Tattarang, a private equity group owned by Mr Forrest. Financial terms were not disclosed. “Andrew and I want to continue the legacy of this great company, and that means continuing to employ and support the Australians that have built and grown the brand. By bringing R.M. Williams back into Australian hands, we will ensure the Australian craftmanship continues to be loved and worn all around the world,” Andrew Forest, Tattarang owner.
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