Steinhoff

Conglomerate and vertical effects of acquisition-led growth: The case of retail giant, Steinhoff

Conglomerate and vertical effects of acquisition-led growth: The case of retail giant, Steinhoff

The recent collapse of Steinhoff International Holdings (“Steinhoff”), a global retail giant, raises concerns around the interest and strategies of large corporates. Steinhoff has sparked controversy over “accounting irregularities”, which cost the retail giant R282 billion in stock market value.