Hoadley's Chocolates
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Hoadley's Chocolates
Hoadley's Chocolates was an Australian confectionery company founded in 1913 famous for the Polly Waffle and Violet Crumble chocolate bars. The company was bought by Rowntree Mackintosh Confectionery in 1972, which would then be acquired by Nestlé in 1988. History Origin Hoadley's Chocolates had its origin in A. Hoadley and Company, a jam company founded in South Melbourne in 1889 by English businessman Abel Hoadley. The company originally manufactured jams, but expanded its range to include preserved fruits, candied fruits and peels, and sauces using fruit from Hoadley's orchards at nearby Burwood, Victoria, Burwood. In 1895, Hoadley opened the Rising Sun Preserving Works in St Kilda Road, and by 1901 had four preserving factories. To overcome the seasonal nature associated with his fruit products, Hoadley diversified, and in 1901 or 1902 bought the former factory of Dillon, Burrows & Co. near Princes Bridge. He then shifted his company's emphasis more towards confectionery pr ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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