Steinhoff International

Steinhoff International Holdings N.V.
Public company
Traded as
Industry Retail
Founded 1964
Headquarters Stellenbosch, South Africa
Key people
 Markus Jooste (CEO)
Revenue Increase ZAR 134.868 billion (2014/15)[1]
Number of employees
 Increase 91,000 (2015)[1]
Website www.steinhoffinternational.com
Conforama in Wallisellen, Switzerland
Cargo store, Putney, London
Plant in Kłodzko

Steinhoff International is a South African-based international retail holding company, dealing mainly in furniture and household goods, which operates in Europe, Africa and Australasia.

Steinhoff was founded in 1964 by Bruno Steinhoff in Westerstede, Germany and moved its headquarters to South Africa in 1998. It went public on the Johannesburg Stock Exchange.

In the UK, Steinhoff owns the high street brands Cargo, Harveys Furniture, Bensons for Beds and Sleepmaster.[2]

In 2011, Steinhoff bought Conforama, Europe's second largest retailer of home furnishings, with over 200 stores in France, Spain, Switzerland, Portugal, Luxembourg, Italy and Croatia.[3]

On 7 December 2015, Steinhoff International moved its primary listing to the Frankfurt Stock Exchange and founded a new Dutch Holding company based in Amsterdam. The management remained in South Africa.

In 2015, South African low-end retail investment and holding company Pepkor became a member of the Steinhoff International Group.[4]

Steinhoff's South African brands include HiFi Corp, Pennypinchers, Timbercity, Pep, Ackermans, Shoe City, Incredible Connection, and Unitrans.[5]

References

  1. 1 2 "2014/15 results" (PDF). Steinhoff International Holdings N.V. Retrieved 12 December 2015.
  2. ↑ "Contact Us". Cargohomeshop.com. Retrieved 2015-09-05.
  3. ↑ "Steinhoff Homepage". Steinhoffinternational.com. Retrieved 2015-09-05.
  4. ↑ "About Pepkor". Pepkor. Retrieved 2016-03-25.
  5. ↑ "Group overview". Steinhoff International Holdings. Retrieved 2016-03-25.

External links

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