Steinhoff is an integrated retailer that manufactures, sources and retails furniture and household goods in Europe, Africa and the Australasia.
Our integrated divisions comprise interests in:
Retail operations serving the value conscious consumer in Europe, Africa and the Australasia;
Industrial businesses focused on the cost and growth advantages within emerging African markets; and
Investment in a quality property portfolio mainly with group entities as tenants.
Steinhoff’s strategy continues to prove capable of delivering on stakeholder expectations. The group remains focused on managing the long-term sustainability of its businesses and business practices to maintain and grow the benefits it provide to the group’s many stakeholders. The business model of sourcing and manufacturing products in low-cost locations and retailing them in developed markets have underscored the group’s growth since listing in 1998. Retail operations are positioned towards price conscious (value) consumer segments, providing them with affordable household goods products through a vertically integrated supply chain. The diversified industrial businesses of KAP (in Africa) are further diversified and positioned to capitalise on the emerging attributes of this continent.