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Steinhoff is a leading supplier and distributor of furniture in the German region – comprising mainly Germany, Austria, Switzerland, Scandinavia
and Hungary. On a smaller scale, this regional operation also supplies and distributes to Asia, Poland, the Baltic States and the United Arab
Emirates.
Germany is the largest furniture market in Europe and among the top five in the world ranked by per-capita furniture spending. The market is,
however, fragmented with no manufacturer above 5% in market share. Independent analysis puts Steinhoff’s market share at 3-5%, reflecting steadily
increasing revenue from this region for almost a decade.
Primary customers are large mail order companies, discount mass market retailers and members of independent buying groups. Dedicated Steinhoff
retailers have now been added to the customer base, increasing the group’s market penetration. The retail chain
Quattro Mobili in Hungary forms
part of this operation.
There are five production facilities in Germany, eight in Poland, two in Hungary and two logistics centres in Germany. Primary products are case
goods, upholstered and motion furniture and mattresses, sold through specialised trading companies with dedicated sales forces focused on specific
products.
The focus on quality and service, innovation and strategic alliances with key customers has given the group a distinct competitive edge, as has
our integrated concept which allows customers to furnish entire rooms with Steinhoff furniture.
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