Amart Furniture
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OVERALL |
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Owned |
AUS |
Rating |
N/A |
Furniture retail
Founded in Queensland in 1970, and today operates over 50 furniture stores around Australia.
Company Ownership
Amart Furniture Pty Ltd | AUS | website | ||||
Quadrant Private Equity Pty Ltd
owns 100% of Amart Furniture Pty Ltd |
AUS | website | ||||
Private equity firm Sydney-based mid-market private equity firm established in 1996 and investing in companies in Australia and New Zealand. Former investments include VIP Pet Foods, Burson Auto Parts and Red Rooster. Formed the RiteBite Group in 2019 after acquiring Darrell Lea and another 8 snack brands. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Amart Furniture Pty Ltd | ||||
In 2013 this company paid two infringement notices totalling $13,200 and changed the labelling of its "floor stock" or "shop soiled" furniture. This occurred following Australian Competition and Consumer Commission allegations that Super A-Mart was making misleading representations regarding the application of the consumer guarantee provisions in the Australian Consumer Law (ACL) in relation to floor stock furniture offered for sale.
Source: ACCC (2013)
In 2014 this company was fined a total of $30,000 after two employees were injured when an elevated work platform toppled.
Source: news article (2014) |
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Quadrant Private Equity Pty Ltd | ||||
Quadrant owned Rockpool Dining Group, a giant in the hospitality and dining scene, has been accused of "one of the most egregious cases of wage theft Australia has seen yet" by a law firm alleging the company has underpaid its workers at least $10 million.
Source: news article (2019)
Quadrant bought a large stake in Independent Pub Group in 2007, which owned several hotels, including gaming venues. Quadrant has since sold its stake in the hotel group.
Source: company website (2019) |
Company Details
Type | Private company |
Contact Details
Address | 41 Brickworks Rd, Rochedale, QLD, 4123, Australia |
Phone | 07 3380 5500 |
Website | www.amartfurniture.com.au |