M&A Deal Summary |
|
|---|---|
| Date | 2020-07-08 |
| Target | Conforama France SA |
| Sector | Retail |
| Buyer(s) | BUT |
| Sellers(s) | Steinhoff |
| Deal Type | Divestiture |
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BUT is a home equipment retailers in France, operating through a network of more than 300 stores. The Company offers a comprehensive selection of furniture, appliances, and decorative products, all complemented by attractive financing and extended warranty services. BUT was founded in 1972 and is based in Emerainville, France.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Retail M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: France M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1964 |
| Sector | Consumer Products |
| Employees | 91,519 |
| Revenue | 7.9B EUR (2020) |
Steinhoff is an integrated retailer that manufactures, sources and retails furniture and household goods in Europe, Africa and Australia. In addition, the group owns diversified industrial businesses in southern Africa through supply chain solutions, passenger services, timber products and manufacturing operations across diverse industries. Steinhoff was founded in 1964 and is based in Stellenbosch, South Africa.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Retail M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 3 of 3 |
| Country: France M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-15 |
Blue Group Hold Co.
Cheltenham, United Kingdom Blue Group Hold Co. owner of Bensons for Beds, Harveys Furniture and upholstery & bedding manufacturers Relyon, Steinhoff UK Beds, and Formation Furniture. Blue Group Hold Co. is based in Cheltenham, United Kingdom. |
Sell | - |
