May 24, 2013 9:05 PM ET

Specialty Retail

Company Overview of Ellerine Holdings Ltd.

Company Overview

Ellerine Holdings Limited, through its subsidiaries, operates in the retail furniture and appliance sector in South Africa. It offers bedding and bedroom merchandise, including furniture and appliances; leather lounge suites; dining room suites; audio and television; and household furnishings and other appliances. The company sells its products under the Ellerines, Town Talk, FurnCity, Foreign, Beares/Geen, Richards/Lubners, Dial-a-Bed, Matress Factory, Furniture City, Wetherlys, Osiers, Roodefurn Manufacturing, and Rainbow Loans brand names. It also provides financial services, including insurance products and term loans. As of August 31, 2006, the company operated 1,156 furniture outlets. ...

Detailed Description

Gilloolys View Office Park

Block E

Osborne Lane

Bedfordview,  2007

South Africa

Founded in 1968

17,198 Employees

Phone:

27 11 607 1000

Fax:

27 11 607 1400

www.ellerines.co.za

Key Executives for Ellerine Holdings Ltd.

Chief Executive Officer
Age: 65
Chief Financial Officer
Age: 63
Chief Operating Officer
Age: 61
Chief Executive of Value Retail Division
Age: 53
Chief Executive of Universal Credit Retail Division
Age: 54
Compensation as of Fiscal Year 2012.

Ellerine Holdings Ltd. Key Developments

Gordon Schachat to Retire from African Bank Investments Ltd., African Bank Ltd. and Ellerine Holdings Ltd. as Executive Deputy Chairman, Effective September 30, 2012
Aug 6 12

Gordon Schachat, executive deputy chairman of African Bank Investments Ltd., African Bank Ltd. and Ellerine Holdings Ltd. will retire from these boards with effect from September 30, 2012. Gordon was a co-founder of ABIL, and the group and its boards express their sincere appreciation and gratitude to Gordon for the immense contribution that he has made to the development and success of ABIL since 1994.

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