Alan Walker and Glenn Livingstone have been appointed as Voluntary Administrators to Chocolate & Confectionery Company and its related entity that owns and manufactures Ernest Hillier Chocolates, one of Australias oldest chocolate brands.
Following rising raw materials and shipping costs which significantly impacted the companies margins, voluntary administrators were appointed. The businesss distribution network spans Australia and New Zealand, with existing arrangements with supermarket chains Woolworths, Coles and Aldi. It also produced white-label chocolates for some of the worlds largest confectionery providers from its facility in Coburg, Melbourne.
The administrators are seeking expressions of interest from parties that could reca…
Read the full article at: https://www.foodprocessing.com.au/content/business-solutions/news/ernest-hillier-chocolates-goes-into-voluntary-administration-1537886284