Loyens & Loeff advised Steinhoff International Holdings Ltd on the acquisition of Conforama SA from PPR SA for a consideration of EUR 1,200m.
Conforama will give Steinhoff immediate access and scale in the French furniture retailing market. Conforama’s presence in continental Europe will be highly complementary to Steinhoff’s existing retail geographic footprint, and established supply chain globally.

The Loyens & Loeff team was led by Ruud van Bork.