Steinhoff International
South African-based international retail holding company / From Wikipedia, the free encyclopedia
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Steinhoff International was a multinational holding company that was dual listed in Germany and South Africa. It was officially liquidated on 13 October 2023.[3] Its holdings were in the retail sector, primarily in furniture and household goods, and included a 43,8% stake in South Africa's Pepkor group. The company operated in Europe, Africa, Asia, the United States, Australia, and New Zealand. It was well known for an accounting scandal which led to criminal charges against its former chief executive, Markus Jooste.
Quick Facts Company type, Traded as ...
Company type | Public (Naamloze vennootschap) |
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Industry | Retail |
Founded | 1964; 60 years ago (1964) (Westerstede, Lower Saxony, Germany) |
Founders | Bruno Steinhoff |
Defunct | 13 October 2023 |
Headquarters | , South Africa |
Key people | Markus Jooste (former CEO) |
Revenue | EUR 12.9 billion (2017–18 - 9 months)[1] |
Number of employees | 130,000 (2018)[2] |
Subsidiaries |
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Website | steinhoffinternational.com |
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