CVC Capital Partners, Permira eye footwear brand Birkenstock
January 20, 2021
UK PE firms CVC and Permira are said to be among the potential suitors for Birkenstock, the German footwear brand known best for its sandals, the Financial Times reported. A deal could potentially value the family-owned business at €4 billion. Established almost 250 years ago, the company is said to have hired Goldman Sachs to advise on a sale. Permira currently backs UK shoe brand Dr. Martens, which is planning a public listing for this year.