Footwear maker Weyco Group Inc has bought The Combs Company, the owner of the Bogs and Rafters footwear brands, in a deal worth $29.4m.

The Combs Company - also known as Bogs - was founded by CEO Bill Combs, who will stay on as president. Sue Combs will become the manager of design and development, and Dustin and Riley Combs will each stay on as vice presidents of sales.

"These brands fit well into our strategy to diversify our product mix and enhance our share of the casual footwear market," notes Weyco chairman and CEO Tom Florsheim Jr. The company's brands already include Florsheim, Nunn Bush, Stacy Adams and Umi.