company traded as fwb snh jse snh industry retail founded 1964 headquarters stellenbosch south africa key people markus jooste ceo revenue zar 104.7 billion 2015 16 1 number of employees 91 000 2015 2 subsidiaries mattress firm website www.steinhoffinternational.com conforama in wallisellen switzerland cargo store putney london plant in k odzko steinhoff international is a south african based international retail holding company dealing mainly in furniture and household goods which operates in europe africa the united states and australasia . contents 1 history 2 brands 3 references 4 external links history edit steinhoff was founded in 1964 by bruno steinhoff in westerstede germany . bruno steinhoff sourced furniture from communist europe and sold it in western europe . in 1997 steinhoff acquired 35 % of south africa based gommagomma preparing for a merger the following year . the company moved its headquarters to south africa in 1998 attracted by the low production costs and went public on the johannesburg stock exchange that same year . 3 in 2005 steinhoff invested 86 million to revive uk s homestyle group thus taking ownership of the company . 3 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 spending 1.2 billion for the acquisition . 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 for a whopping 5.7 billion . 3 in july 2016 uk discount retail chain poundland accepted steinhoff s takeover offer of 597 million . 4 in august 2016 steinhoff announced its plan to purchase the united states based mattress firm for 3.8 billion . mattress firm founded in 1986 has approximately 3 500 stores across 48 states with 80 distribution centres . 5 brands edit as of 1 august 2016 steinhoff held retailing activities in 30 countries counting 6 500 retail outlets belonging to 40 different brands and employing about 90 000 employees . 1 60 % of the company s revenue and 2 3 of its benefits are made in europe . 3 steinhoff expanded into the united states market on 7 august 2016 . 5 steinhoff s south african brands include hifi corp pennypinchers timbercity pep ackermans shoe city incredible connection and unitrans . 6 in the uk steinhoff owns the high street brands cargo 7 harveys furniture bensons for beds sleepmaster and pep & co. references edit a b group overview quick facts . steinhoffinternational.com . retrieved 2016 08 05 . 2014 15 results pdf . steinhoff international holdings n.v. retrieved 2015 12 12 . a b c d e andrew england 24 february 2016 . home retail bid fits steinhoff s bold strategy for expansion . ft.com . retrieved 2016 08 05 . poundland s bid decision is fine but please don t use brexit as the excuse nils pratley business the guardian . theguardian.com . retrieved 2016 09 09 . a b south africa s steinhoff to buy mattress firm for 3.8 billion . fortune . reuters . august 8 2016 . retrieved 2016 08 09 . group overview . steinhoff international holdings . retrieved 2016 03 25 . contact us . cargohomeshop.com . retrieved 2015 09 05 . external links edit wikimedia commons has media related to steinhoff international holdings . official website retrieved from https en.wikipedia.org w index.php title steinhoff international & oldid 742073292 categories companies of south africacompanies listed on the johannesburg stock exchangehidden categories commons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutschfran ais polski edit links this page was last modified on 1 october 2016 at 14 55 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view