Century-plus-year-old chocolate company Ernest Hillier has gone bust for the second time in a decade, with WLP Restructuring Partners announcing on Wednesday that they had been appointed as voluntary administrators. WLP are administrators to Chocolate & Confectionery Company and the related entity that own and make Ernest Hillier, a brand that dates back to 1914. …
Gilmour Space Technologies has raised $19 m from companies including Main Sequence Ventures (which manages CSIRO’s Innovation Fund), Blackbird Ventures and the US-based 500 Start-ups. The company is aiming to address a bottleneck in launches for the booming nano-satellite market, catered to by about a half-dozen operators globally.
A group of investors has approached the Australian Manufacturing Forum looking to purchase an Australian manufacturing business. The business should have a track record of profitability – in the region of an EBIT of $1-$5 million, and the purchaser is willing to look at companies from all locations.
