Does Steinhoff still own pepkor?
Does Steinhoff still own pepkor?
In 2018, the group changed its name back to Pepkor, while as of Pepkor’s 2020 year Steinhoff International held just over two thirds of its shares.
What stores fall under pepkor?
Subsidiaries
- PEP.
- Ackermans.
- Best and Less.
- Dunns.
- Shoe City.
- Pepco.
- John Craig.
- Postie Plus.
Does Steinhoff still own Mattress Firm?
Steinhoff is the parent company of Houston-based Mattress Firm, which, acquired in 2016, would come to play a significant role in Steinhoff’s financial troubles. Mattress Firm, filed for Chapter 11 bankruptcy protection in October 2018, restructured and emerged before the year was out.
When did Steinhoff International acquire PEP and co?
In Ireland, Steinhoff operates Dealz and Pep&Co. Steinhoff’s other European brands include Pepco and Kika in Poland, Slovakia and Hungary. Steinhoff expanded into the United States market on 7 August 2016 when it acquired Mattress Firm. Steinhoff International is part of the Hertz network of car rentals.
Who is the holding company for Steinhoff International?
Steinhoff International is a South African international retail holding company that is dual listed in Germany.
When did Poundland become part of Steinhoff Group?
In 2015, South African low-end retail investment and holding company Pepkor became a member of the Steinhoff International Group for $5.7 billion. In July 2016, UK discount retail chain Poundland accepted Steinhoff’s takeover offer of £597 million which was then increased by Steinhoff to £610 million in August 2016.
What do Pepkor holdings do in South Africa?
Pepkor Holdings. Pepkor is a South African non-grocery retailer with operations across four segments, namely clothing and general merchandise; furniture, appliances and electronics; building materials; and FinTech.