It went into voluntary administration before, going up for sale in 2015.
"It's unfortunate that such a storied chocolate manufacturer has encountered distress amid rising operating costs, but we are working with all stakeholders to do everything possible to save this iconic brand," Walker said. "We are working closely with all affected parties as we move with urgency to understand the business's affairs and find a suitable buyer or investor."While this process is underway, we have had to make the unfortunate decision to cease manufacturing activity and stand down employees at this stage. However, this dedicated workforce is available and keen to restart production.
"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. "We expect these supply agreements, alongside its relationships with large multi-national food and beverage providers, may appeal to potential suitors."World's best airlines named as Qantas drop out of top ten