Amart Furniture

Last updated
Amart Furniture
FormerlySuper Amart
IndustryManufacturing and retailing
Founded1970;55 years ago (1970) in Brisbane, Australia
Founder John van Lieshout
Headquarters
Rochedale, Brisbane
,
Australia
Number of locations
67 stores
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 is currently majority owned by Australian private equity firm Quadrant Private Equity since 2016.

Contents

History

Original ownership (1970-2006)

The company's first retail store was opened in MacGregor, Brisbane in 1970.

Ironbridge Capital (2006-2016)

In 2006, John van Lieshout sold Super Amart to Ironbridge Capital for $500 million AUD. [2]

The current CEO of Amart Furniture is Lee Chadwick, who took the position in 2014.

Quadrant Private Equity (Since 2016)

Quadrant Private Equity gained ownership of the retailer in 2016 in a deal valued at around $400 million. [3] Amart Furniture previously had its head office in Springwood, Brisbane [4] before moving to a new facility Head Office in Rochedale Brisbane. [5]

Operations

Current store formats

Amart Furniture

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.

Defunct store formats

Super Amart

In 2017, Super Amart rebranded to Amart Furniture. which changed the company's name, logo and tag-line. [6]

Sponsorship

Amart Furniture are currently major sponsors of Ronald McDonald House charity [7] and were a major sponsor of Essendon Football Club from 2019 to 2023. [8]

See also

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. ↑ "Super Amart Head Office". Bris Aluminium. Retrieved 2022-04-28.
  5. ↑ goodman.com. "Amart Furniture customer story". au.goodman.com. 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. ↑ "Amart". RMHC. Retrieved 2022-04-28.
  8. ↑ "Essendon thanks Amart". Essendon Football Club. Retrieved 2023-11-12.
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