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Iconic boot maker RM Williams likely to be sold to a luxury player

Carrie LaFrenz

L Catterton Asia boss Ravi Thakran says the iconic bootmaker RW Williams is a brand he could happily hold for two decades, but now it's well positioned for sale after an overhaul in recent years.

Mr Thakran confirmed The Australian Financial Review Street Talk's  story that Goldman Sachs in recent weeks had been appointed to sell the Adelaide-based legendary boots and clothing manufacturer, which could fetch shareholders as much as $500 million.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/retail/iconic-boot-maker-rm-williams-likely-to-be-sold-to-a-luxury-player-20190516-p51nx9