JB Hi-Fi Group to acquire E&S Trading - Appliance Retailer
WEBby Emily Bencic Mon 12 Aug 2024. . JB Hi-Fi Group has entered into an agreement to acquire E&S Trading (e&s), an Australian-owned family business retailer specialising in kitchen, bathroom, and laundry appliances. The initial acquisition is of 75% for cash consideration of $47.8 million on a cash-free/debt-free basis with a put and call option ...
Bunnings opens new store in Melbourne’s north
WEBJul 6, 2023 · Bunnings has unveiled its new 18,000 square metre warehouse in Preston, Victoria, replacing the nearby Northland store. Representing an investment of over $59 million in the community, the team of 200 incorporates 60 new expertise roles in timber, tools, paint, kitchens, plumbing, gardening and outdoor living.
2nds World purchased by Harvey Norman - Appliance Retailer
WEBDec 17, 2019 · 2nds World purchased by Harvey Norman. On 15 April 2019, Riad Tayeh, Antony Resnick and Mark Robinson of de Vries Tayeh were appointed as voluntary administrators of the 2nds World group of companies. 2nds World is Australia’s leading factory seconds appliances retailer. Headquartered in Cremorne, Sydney, 2nds World has five stores in New ...
Electronics & Whitegoods News >> Appliance Retailer
WEBBreaking news for the electronics, whitegoods and gadget brand industry.
Carene Myers launches Harvey Norman partnership with Tineco
WEBAug 22, 2024 · Harvey Norman general manager for small appliances, Carene Myers has announced a partnership with floorcare brand, Tineco. Myers launched the partnership yesterday featuring four models – Floor One S6 FlashDry and three Wet & Dry vacuums models at an event in Sydney. “We are very excited to be celebrating the new Tineco products that ...
JB CEO explains opportunities of e&s acquisition
WEBAug 13, 2024 · On Monday, JB Hi-Fi Group announced that it had entered into an agreement to acquire e&s with an initial acquisition of 75% for cash consideration of $47.8 million. “We recognise that some brands overlap between The Good Guys and e&s. However, products from those brands are more in the premium space for e&s and more in the entry to mid ...
Bing Lee officially opens new flagship store - Appliance Retailer
WEBJan 31, 2018 · Bing Lee held the official opening for its new Marsden Park store in Sydney’s north-west over the Australia Day long weekend. The store measures approximately 1100 square metres, employs 8 staff and is part of the repurposed Masters site. In an exclusive interview, Bing Lee head of business development and retail sales, Peter Harris (pictured ...
Breville: Why Aussie culture is at the core of our success
WEBJun 23, 2017 · Four key pillars. “Breville has 170 patents developed through the people in this building and it’s the Australian culture of innovation, along with a passion for design that we think has helped our success,” Breville general manager of product, Scott Brady said, presenting the new Breville Oracle Touch to a select group of media at the company’s Sydney head office earlier this week.
Eurolinx announces leadership change - Appliance Retailer
WEBMar 2, 2023 · One of Australia’s first family-owned appliance companies – Eurolinx – has announced a new leadership structure with industry veteran, Michael Doyle appointed as Chief Executive Officer. Sydney-based Eurolinx was established in 1984 as the first local importer of stainless steel cookers and over the last four decades has remained at the ...
Bing Lee celebrates 60 years of success - Appliance Retailer
WEBDec 13, 2017 · Bing Lee celebrates 60 years of success. BING LEE: Miele Drummoyne Store Opening. October 12, 2017. Victoria Road, Drummoyne, NSW, Australia. Photo: Narelle Spangher, BING LEE. Lionel Lee provides insight into family business. This year Bing Lee celebrates six decades since Bing Lee …