Iconic Northamptonshire footwear company Dr Martens is on the verge of being bought by a private equity firm, according to reports.
The Wollaston-based company is in talks with Permira - owners of Hugo Boss and New Look.
Current owners of Dr Martens, R Griggs Group, is said to be in ‘advanced negotiations’ about a deal that could be tied up as soon as next month.
The cost to Permira has not been made public but sources say it will be around £300m.
If the deal is confirmed, Permira would take control of R Griggs Group but may only acquire a licence to use the Dr Martens name, with the family retaining outright ownership of the brand.