The chief executive of homewares and candles retailer Dusk says its newly acquired Eroma business, which sells fragrances, oils and wax supplies, will help accelerate growth in a sector that has global shortages of higher-priced fragrances.
Peter King said the $28 million acquisition of Eroma, which is based in south-east Queensland, will be highly complementary to the existing Dusk retail operations. Dusk operates 127 bricks and mortar stores and an online division.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
