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Cross-Border Acquisition in Austria

Mass to Acquire One of Europe’s Oldest Footwear Retailers

Our colleagues from Ketler & Partners, member of Karanovic advised a Slovenian footwear retailer, Mass Group, on its entry into an agreement to acquire Leder & Schuh, one of Europe’s oldest footwear retailers.

This multi-jurisdictional transaction was led by our colleagues, who provided comprehensive legal support in all steps throughout the process. The team featured Igor Angelovski, Partner, Maja Kreča, Senior Associate and Luka Skledar, Junior Associate, with the assistance of Zala Jeram, Legal Adviser.

The deal marks a major expansion step for the Mass Group, which will, upon completion of the transaction, become one of the top ten footwear retailers in Europe, with more than EUR 400 million in annual revenue, 290 physical and 10 online stores, and over 2,300 employees across nine countries. Completion of the transaction is subject to regulatory approvals from the relevant competition authorities and is expected in the first half of 2026.

This follows Advance Capital Partners’ earlier acquisition of a majority stake in Mass concluded recently; read more about that transaction here.

 

The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.