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Investment holding · Historical international retail holding company

Steinhoff International

Former controlling shareholder of Pepkor whose successor Ibex disposed of its remaining Pepkor interest in July 2025.

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Steinhoff International was the international holding company that acquired Pepkor and later assembled STAR for a separate JSE listing. [1][4]

History

Steinhoff acquired Pepkor in 2015. It indirectly held 76.8% of STAR after the September 2017 listing. [1][4]

The group later became known as Ibex. Ibex ceased controlling Pepkor in 2023 and held no Pepkor shares by 30 September 2025. [2][3]

Frequently asked questions

Did Steinhoff found PEP?

No. Renier van Rooyen opened the first PEP store in 1965. [1]

When did Steinhoff acquire Pepkor?

Pepkor records the acquisition in 2015. [1]

Does Steinhoff or Ibex still own Pepkor?

No. Ibex held no issued ordinary shares at 30 September 2025. [3]

Key milestones

  1. Acquired Pepkor. [1]

  2. Listed STAR while retaining 76.8%. [4]

  3. Its successor Ibex ceased to control Pepkor. [2]

  4. Ibex subsidiaries disposed of the remaining Pepkor interest. [3]

Related articles

Related institutions

  • Pepkor Holdings — JSE-listed retail group that entered the market as Steinhoff Africa Retail in 2017 and adopted the Pepkor name in 2018.
  • PEP — South African discount retail brand founded by Renier van Rooyen in De Aar in 1965 and now operated within Pepkor.

Sources

  1. Pepkor Holdings, Integrated report 2018, 2018-11-26. Original source. Accessed 2026-10-28. ↩
  2. Pepkor Holdings, Annual financial statements 2023, 2023-11-28. Original source. Accessed 2026-10-28. ↩
  3. Pepkor Holdings, Annual financial statements 2025, 2025-12-11. Original source. Accessed 2026-10-28. ↩
  4. Steinhoff Africa Retail, Integrated report 2017, 2017-12-18. Original source. Accessed 2026-10-28. ↩