Steinhoff International

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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
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.[citation needed] 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

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External links

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