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Street Talk

L Catterton polishes RM Williams, ready to give it the boot

Legendary Australian riding boots and clothing manufacturer and retailer, RM Williams, is being readied for sale in a deal that could fetch its shareholder as much as $500 million.

Street Talk can reveal RM Williams' private equity owner, Singapore-based L Catterton Asia, has hired investment bank Goldman Sachs to drum up buyer appetite and auction the business in coming months.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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Original URL: https://www.afr.com/link/follow-20180101-p51mzs