Italian shoes market leader acquires German branded company

DEAL FLASH:

Oaklins’ team in  Italy has advised Condor Trade on the acquisition of Rohde Shoes, an iconic German company engaged in the design and distribution of high-end slippers and sandals.

To succeed in the German market, it is crucial to have a well-known local brand with a long heritage, characteristics that Rohde has.

Read more about the transaction, market trends, deal drivers and M&A valuation aspects.