Steffen Liebich has acquired Schuhkay, a Hamburg-based shoe retailer that is also known as Schuhkay 1882, via its Goal investment company. Schuhkay has currently 30 stores, most of them are located in northern Germany. In the course of the takeover, Thomas and Joachim Kay, who are the fifth generation of the family managing the company, have handed the management over to Liebich. Both will continue to work as advisers to the company. In November last year, Berlin-based Goal took over Schuhhaus Kay, which was previously led by Matthias Kay. The local court of Hamburg had granted an application for self-administration on Nov. 26. Matthias Kay resigned from his position as managing director but continued to advise the company in the areas of purchasing, sales and branch organization. In December, the new management implemented restructuring and reorganization measures within the legal framework of the insolvency procedure. The businesses of Schuhkay and Schuhhaus Kay were separated in 1934. Steffen Liebich also owns the Leiser, Schuhhof and Anika shoe retail chains as well as the Schlatholt shoe store.