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Ketler & Partners and Herbst Kinsky Advise on Mass Group's Acquisition of Leder & Schuh

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Ketler & Partners, Member of Karanovic, has advised Mass Group on its acquisition of Leder & Schuh. Herbst Kinsky advised the sellers, MRHG Holding AG and Alchemy. Schindler reportedly advised Mass Group as well. 

The transaction remains subject to regulatory approval.

Leder & Schuh is a European footwear retailer. 

According to Ketler & Partners, upon closing, Mass Group is set to become one of Europe’s top-ten footwear retailers, with more than EUR 400 million in annual revenue, 290 physical and 10 online stores, and over 2,300 employees across nine countries. The transaction follows Advance Capital Partners’ recent acquisition of a majority stake in Mass (as reported by CEE Legal Matters on August 15, 2025).

The Ketler & Partners team included Partner Igor Angelovski, Senior Associate Maja Kreca, Junior Associate Luka Skledar, and Legal Adviser Zala Jeram.

The Herbst Kinsky team included Partner Wolfgang Schwackhoefer and Attorneys at Law Alexander Lotz and Valerie Mayer.

Karanovic & Partners at a Glance

Who we are

Karanovic & Partners is a regional legal practice in Southeast Europe with tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, Macedonia and Bosnia & Herzegovina. With more than 100 attorneys at law cooperating across the region, we take pride in our work, dedication and understanding of our clients' industries and needs.

What we do

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, startups and NGOs. We see our clients as long-term partners.

We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

What sets us apart?

In our company culture, excellence is a must. We are reliable, adaptive and fast.

Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.​

All News about, and Legal Analysis by, Karanovic & Partners can be found here.

Firm's website: https://www.karanovicpartners.com/