Royal wellies offer ideal Authentic fit
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Royal wellies offer ideal Authentic fit

May 28, 2023

The American company behind labels such as Reebok and Ted Baker has added Hunter Boot to its collection of famous names.

The New York-based Authentic Brands has acquired the 160-year-old British company, known for its Wellington boots, which have been worn by figures including the Princess of Wales and Kate Moss, the model, for nearly £100 million, according to sources close to the deal.

The sale is the culmination of an auction process, conducted after the company secured a lifeline injection of £5 million from existing shareholders and another £2 million from lenders. In 2020, Hunter received a £16.5 million injection from Pall Mall Legacy, a fund backed by Goldman Sachs and existing shareholder Three Hills Capital Partners. In exchange, Pall Mall Legacy took majority