Iconic Australian bootmaker RM Williams is available on the market, and is anticipated to fetch a reported worth of $400 to $500 million .
CEO Raju Vuppalapati credit the continued success of the enterprise to its authenticity and respect for its heritage.
“The corporate has all the time been an iconic Australian firm,” Mr Vuppalapati.
“There’s one thing particular that RM Williams has provided… the facility of this firm is all about its authenticity…it’s the heritage and craftsmanship.”
Bids for the bootmaking enterprise can now be positioned, and a possible purchaser is anticipated to be introduced in November.