Steinhoff International

Steinhoff International Holdings N.V.
Company typePublic (Naamloze vennootschap)
IndustryRetail
Founded1964; 60 years ago (1964)
(Westerstede, Lower Saxony, Germany)
FoundersBruno Steinhoff
Defunct13 October 2023
FateRestructured
SuccessorIbex Topco B.V.
Headquarters
Stellenbosch, Western Cape
,
South Africa
Key people
Markus Jooste (former CEO)
RevenueIncrease EUR 12.9 billion (2017–18 - 9 months)[1]
Number of employees
Increase 130,000 (2018)[2]
Subsidiaries
Websitesteinhoffinternational.com
Conforama in Wallisellen, Switzerland.
Steinhoff plant in Kłodzko, Poland.

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.

  1. ^ "QUARTERLY UPDATE NINE MONTHS ENDED 30 JUNE 2018 (9MFY18) (UNAUDITED)" (PDF). Steinhoffinternational.com. Retrieved 1 November 2018.
  2. ^ "2014/15 results" (PDF). Steinhoff International Holdings N.V. Retrieved 12 December 2015.
  3. ^ Haripersad, Devina (9 October 2023). "Steinhoff finally scratched off the markets this week". The Citizen. Retrieved 20 October 2023.