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Payday for Wolverine as Andrew Forrest acquires RM Williams – Sydney Morning Herald

Mining magnate Andrew Forrest has brought the iconic boot brand back to Australia – and the deal will see Hollywood superstar Hugh Jackman pocket a cool $10 mil…



RM Williams had been up for sale since May last year after its parent company, Louis Vuitton-partnered private equity firm L Catterton, began seeking buyers for the business at a $400 million to $500 million asking price.
Various parties from around the world had expressed interest in the brand, but Dr Forrest’s Tattarang emerged as the winning bidder after TPG Capital pulled out earlier this month.
It’s understood Tattarang paid about $190 million for RM Williams, far below L Catterton’s orig…

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