Steinhoff International Holdings Ltd.
Steinhoff International Holdings Ltd. is an integrated retailer, which manufactures, sources and retails furniture and household goods in Europe, Africa and the Pacific Rim. Its diversified industrial businesses in southern Africa provide supply chain and logistics services, timber products and other raw materials. The company operates its business through the following segments: International Retail Operations, African Retail Operations, and Manufacturing, Sourcing and Logistics of International Operations. The International Retail Operations segment engages in retailing furniture, beds, home ware and household products. The African Retail Operations segment operates as a retailer in furniture, household appliances, consumer electronic goods, home entertainment, office automation and building supplies. This segment also retails motor vehicles and vehicle servicing parts. The Manufacturing, Sourcing and Logistics of International Operations segment offers specialized distribution and warehousing services; and manufactures and imports sourced household goods and related home ware. The company's business roots back to 1964 when Bruno Ewald Steinhoff started his own business sourcing furniture from eastern Europe to sell within western Europe. Steinhoff International Holdings was founded in 1988 and is headquartered in Johannesburg, South Africa.