Английская Википедия:Greenlit Brands

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Greenlit Brands, formerly Steinhoff Asia Pacific Group, is the Australian subsidiary of Steinhoff International. It owns the furniture retailers Fantastic Furniture and Freedom Furniture .

History

Steinhoff International acquired South African company Pepkor in November 2014.[1]

In October 2016, Steinhoff Asia Pacific announced it would acquire Fantastic Holdings for Шаблон:AUD. Fantastic Holdings included the chains Fantastic Furniture, Plush, Le Cornu and Original Mattress Factory.[2]

In September 2018, Steinhoff Asia Pacific rebranded as Greenlit Brands to distance itself from the controversy surrounding its parent company.[3]

In November 2019, Greenlit announced it would sell its entire general merchandising division to private equity firm Allegro Funds. The deal included Best & Less, Harris Scarfe and Postie.[4][5]

In October 2021, Greenlit sold its Plush sofa business to Nick Scali Furniture for $110 million.[6] In June 2022, Greenlit sold its Original Mattress Factory retail business.[7]

In April 2023, LK Group's Queens Lane Capital investment arm purchased Snooze from Greenlit Brands, along with its FutureSleep bedding manufacture and G&G furniture import and wholesale subsidiaries.[8][9]

Brands

Former

  • Best & Less – Discount retailer. Sold in November 2019 to Allegro Funds.[5]
  • Postie – New Zealand clothing chain. Sold in November 2019 to Allegro Funds.[5]
  • Harris Scarfe – Homewares and manchester chain. Sold in November 2019 to Allegro Funds.[5]
  • Plush – Think Sofas – Acquired in October 2016 and sold in October 2021 to Nick Scali Furniture.[2][6]
  • Original Mattress Factory – Acquired in October 2016 and sold in June 2022.[2][7]
  • Snooze – Founded in 1974 as Capt'n Snooze. Sold to Queens Lane Capital in April 2023.[8]

References

External links