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Article: Steinhoff International Insight

Bruno Steinhoff founded Steinhoff International in 1964. It is a company that manufactures, sources and retails furniture and household goods in Africa, Europe, and Australia. Also, the group owns diversified industrial businesses in southern Africa through supply chain solutions, passenger services, timber products, and manufacturing operations across diverse industries. During the financial year that ended in 2018, the company had more than 130,000 employees on its payroll. Steinhoff International has a revenue of 12.9 billion EUR (2017/18 – 9 months estimate). Steinhoff International competes with Tempur Sealy International, Sleep Number, and Simmons. It has its headquarters in Stellenbosch, Western Cape, South Africa.

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