JB Hi-Fi Buys 75% of e&s for $48M

JB Hi-Fi invests AU$48M for a 75% stake in e&s, expanding nationally with an initial store in ACT, part of a strategic loyalty scheme.

August 13, 2024

A photo of the author - Simon Rowles
Simon Rowles
Founder, CEO

Major Acquisition by JB Hi-Fi

Electronics retailer JB Hi-Fi is investing Au$ 48 million to acquire a 75% ownership in kitchen and bathroom retailer e&s. Currently, e&s operates 10 stores throughout Victoria, with plans to begin national expansion, starting with ACT, through a loyalty scheme.

Loyalty Central | Australia

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