Description

Steinhoff International Holdings N.V. was a multinational holding company that operated in the retail sector, primarily in furniture and household goods. It was dual-listed in Germany and South Africa. The company was founded in 1964 by Bruno Steinhoff in Westerstede, Germany. Over the years, it expanded its operations globally, including Europe, Africa, Asia, the United States, Australia, and New Zealand.

Steinhoff was officially liquidated on October 13, 2023, more information regarding Steinhoff International Holdings N.V;

Steinhoff International Holdings N.V. was a multinational holding company specializing in retail. The company offered a wide range of products, including household goods, clothing, accessories, consumer products, furniture, and household appliances.

At its peak, Steinhoff operated over 12,100 points of sale across various regions, including Europe, Africa, the United States, Australia, and New Zealand. Some of the well-known brands under its umbrella included PEPCO, Poundland, Dealz, PEP&CO, LIPO Einrichtungsmärkte, PEPKOR, PEP, ACKERMANS, Russells, Mattress Firm, Greenlit Brands, Fantastic Furniture, Snooze, freedom, and Original Mattress Factory.

The company’s net sales were distributed geographically as follows:

  • South Africa: 40.4%
  • Africa: 4.5%
  • United Kingdom: 16.1%
  • Poland: 11.5%
  • Europe: 19.1%
  • Australasia: 7.3%
  • Brazil: 1.1%

Steinhoff’s business model involved manufacturing, sourcing, and retailing furniture and household goods, making it a significant player in the global retail market

Louis du Preez:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Theodore de Klerk:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Moira Moses:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Paul Copley:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
David Pauker:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Alexandra Watson:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

 

 

Date Delisted: 16/10/2023
JSE
NL0011375019
FSE
NL0011375019

 

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Material Subsidiaries/Associates


For a comprehensive list, please contact InsidEntity.

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Louis Jacobus

Executive
NationalitySouth Africa
56
RoleCEO
QualificationBCom, LLB
Date Appointed: 01/02/2018
Duration:
7 years and 9 months
Independance: Y
Name

Theodore

Executive
NationalitySouth Africa
RoleCFO
QualificationBCom (Hons), CTA, HDip (Tax), CFM
Date Appointed: 02/08/2019
Duration:
6 years and 3 months
Independance: Y
Name

Moira

Non Executive
NationalitySouth Africa
60
RoleNED
QualificationBA
Date Appointed: 22/05/2020
Duration:
5 years and 5 months
Independance: Y
Name

Paul

Non Executive
NationalityUnited Kingdom
50
RoleNED
QualificationBA Hons (English Language & Literature)
Date Appointed: 28/06/2023
Duration:
2 years and 4 months
Independance: Y
Name

David

Non Executive
NationalityAmerican
66
RoleNED
QualificationBS Industrial & Labour Relations
Date Appointed: 22/02/2022
Duration:
3 years and 8 months
Independance: Y
Name

Alexandra

Non Executive
NationalitySouth Africa
69
RoleChairman
QualificationBCom Hons CA (SA)
Date Appointed: 28/10/2018
Duration:
7 years and 0 month
Independance: Y

 

Directors Tenure

Name
Duration
Name

Louis Jacobus du Preez

Duration7 years and 9 months
Name

Theodore de Klerk

Duration6 years and 3 months
Name

Moira Moses

Duration5 years and 5 months
Name

Paul Copley

Duration2 years and 4 months
Name

David Pauker

Duration3 years and 8 months
Name

Alexandra Watson

Duration7 years and 0 month

 

Director Experience

Name
Experience
Name

Louis Jacobus

Experience Legal
Name

Theodore

Experience Financial Services
Name

Moira

Experience Automobile
Name

Paul

Experience Financial Services
Name

David

Experience Business Services
Name

Alexandra

Experience Education, Financial Services

 

Company Auditors

Name
Date Appointed
Years
Name

Mazars

Date Appointed01/09/2019
Year6 years and 2 months

 

Company Past Directors

Name
ED/NED
Role
Name

Peter

ED/NEDNon Executive
RoleNED
Date Appointed: 30/08/2019
Date Resigned: 22/03/2023
Name

Hugo

ED/NEDNon Executive
RoleNED
Date Appointed: 19/04/2018
Date Resigned: 28/06/2023

 

Company Committees

Name

Louis Jacobus du Preez

Mainboard, Audit, Remuneration BD
Name

Theodore de Klerk

Mainboard, Audit, Remuneration BD
Name

Moira Moses

Mainboard, Audit, Remuneration BD, AU
Name

Paul Copley

Mainboard, Audit, Remuneration BD, AU
Name

David Pauker

Mainboard, Audit, Remuneration BD, AU, RE
Name

Alexandra Watson

Mainboard, Audit, Remuneration BD, AU

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT