By  on October 24, 2013

LONDON — Permira, the private equity group and owner of brands including Hugo Boss and New Look, has agreed to acquire R Griggs Group, parent of the Doc Martens brand, for 300 million pounds, or $485.7 million at current exchange. The deal is expected the complete in January 2014.

Cheryl Potter, partner and head of the consumer sector team at Permira, said that the fund would support the management team "in this exciting next phase of the company’s development."

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