Australia's longest-running chocolate company collapses

The iconic Ernest Hillier Chocolates - along with its parent Chocolate & Confectionery Company Pty Ltd - announced on Wednesday it had appointed administrators from business advisory firm WLP Restructuring after being faced with the threat of insolvency.

The business produced a range of more than 600 chocolates at its"significant" manufacturing facility in Coburg. Picture: Instagram. “We are working closely with all affected parties as we move with urgency to understand the business’ affairs and find a suitable buyer or investor. In 2015, the Melbourne-based business was placed into voluntary administration after being unable to bear an unsurmountable debt but re-emerged the following year and resumed manufacturing.

“The company operates a significant manufacturing facility in Coburg, and the Ernest Hillier and Newman’s brands have featured on the shelves of Australia’s supermarkets for many years,” Mr Walker said.

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Fonte: SkyNewsAust - 🏆 7. / 78 Consulte Mais informação »