Australian company The Shoe Group has expressed interest in a possible acquisition of Wittner and has entered into a period of exclusivity with the voluntary administrators.
The Shoe Group’s chairman Ian Unwin said the business felt excited about the opportunity to bring Wittner into the group.
“It is a brand with a proud legacy and strong customer following, and we look forward to supporting its continued success,” Unwin said.
Deloitte Turnaround and Restructuring partner and transaction lead Daniel Demir said the proposed sale would…
