Premium chocolate brand Koko Black will emerge out of voluntary administration with a new owner, after the founder of the Grilld burger chain, Simon Crowe, bought the brand.
Fairfax reports that Koko Blacks administrator Deloitte informed Koko Black employees of the sale this week.
The majority of Koko Blacks 14 stores are expected to be included in the sale, with the administrators letter to employees stating it is likely only two or three salons will not be transferred to the new owners.
The companys 300 employees are also expected to continue on with the business, with staff to be offered employment under the new ownership structure later this month.
Deloitte has reportedly told employees …
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