The iconic boot maker R.M. Williams is officially Australian owned again, after an investment group headed by billionaire Andrew ‘Twiggy’ Forrest and his wife, Nicola purchased the company.
Tattarang acquired the 88-year-old company from US private equity firm L Catterton, bringing it back under Australian ownership for the first time since 2014. An expert believes Forrest will likely leverage his existing China connections to capitalise on its popularity with Chinese consumers.
