SLE Schuh buys out Ara to take full control of Legero United

What's the deal? SLE Schuh GmbH is now the sole owner of Legero United after acquiring the minority stake held by Ara AGDealroom has a profile for this one. Try Dealroom →. The terms were not disclosed.

What's the endgame? Legero United is an Austrian footwear manufacturer behind the brands Superfit, Legero, and Think!Dealroom has a profile for this one. Try Dealroom → With Ara out, SLE Schuh takes full ownership of the group and its brand portfolio.

The signal: The buyout consolidates control of a multi-brand footwear maker under a single owner, a common move as manufacturers streamline ownership to simplify decision-making.

Read more: shoeintelligence.com

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