One of Australia’s oldest chocolate makers, Ernest Hillier, has recently announced that it has gone into voluntary administration as a result of increasing operating costs and rising cost pressures. The company has been operating in the country for over a hundred years,

This isn’t the first time the brand has gone into voluntary administration, with Ernest Hillier being bought out by the current owners, Chocolate & Confectionery Company Pty Ltd, after going under in 2015.

Alan Walker and Glenn Livingstone from WLP Restructuring Partners have been appointed the administrators

“The administrators are seeking urgent expressions of interest from parties that could recapitalise or acquire the business and its assets,” WLP said in a statement.

Ernest Hillier has been struggling with the increasing material costs of making its chocolates, as well as rising shipping costs.

“It’s unfortunate that such a storied manufacturer has encountered distress amid rising operating costs, but we are working with all stakeholders to do everything possible to save this iconic brand,” said Alan.

“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 has a large supply base—sending products to major retail chains like Woolworths, Coles, and Aldi across Australia and New Zealand. All of this production has been halted while Ernest Hillier goes through the administration process and new owners are sought.