Amart Furniture

Last updated
Amart Furniture
Company typeFurniture Retailer
IndustryManufacturing and Retailing
Founder John van Lieshout
Headquarters
Rochedale, Brisbane
,
Australia
Area served
Australia
Products Household furniture
Number of employees
1,000+ (2019)
Parent Quadrant Private Equity
Website https://www.amartfurniture.com.au/

Amart Furniture (previously known as Super Amart) is an Australian founded furniture retailer with 67 stores Australia-wide. [1] Amart was founded by John van Lieshout in 1970 in Brisbane, Queensland. [2] Amart Furniture is currently majority owned by Australian private equity firm Quadrant Private Equity, who gained ownership of the retailer in 2016 in a deal valued at around $400 million. [3] The current CEO of Amart Furniture is Lee Chadwick, who took the position in 2014. Amart Furniture has 67 stores in total, with 20 stores in Queensland, 20 stores in New South Wales, 13 stores in Victoria, 8 stores in Western Australia, 3 stores in South Australia,1 store in Tasmania, 1 store in the ACT and 1 store in Northern Territory. Amart Furniture are currently major sponsors of Essendon Football Club [4] and Ronald McDonald House charity. [5]

Contents

History

The company's first retail store was opened in MacGregor, Brisbane in 1970. In 2006, John van Lieshout sold Super Amart to Ironbridge Capital for $500 million AUD. [2] In 2017, Super Amart rebranded to Amart Furniture which changed the company's name, logo and tag-line. [6] Amart Furniture previously had its head office in Springwood, Brisbane [7] before moving to a new facility Head Office in Rochedale Brisbane. [8]

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References

  1. ↑ "About Us At Amart Furniture - Learn More + Shop Online". www.amartfurniture.com.au. Retrieved 2022-04-28.
  2. 1 2 "How the rich invest: John van Lieshout, the property billionaire who likes hybrids". Australian Financial Review. 2017-06-13. Retrieved 2022-04-28.
  3. ↑ "Quadrant PE locks in $300m for Amart Group". Australian Financial Review. 2019-07-18. Retrieved 2022-04-28.
  4. ↑ McClure, Sam (2018-08-21). "Amart replaces Kia in $2M mega deal for Dons". The Age. Retrieved 2022-04-28.
  5. ↑ "Amart". RMHC. Retrieved 2022-04-28.
  6. ↑ "New logo and name for Amart Furniture by Next Thursday – Emre Aral – Information Designer". www.emrearal.com. Retrieved 2022-04-28.
  7. ↑ "Super Amart Head Office". Bris Aluminium. Retrieved 2022-04-28.
  8. ↑ goodman.com. "Amart Furniture customer story". au.goodman.com. Retrieved 2022-04-28.
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