The story
CBH was formed on 5 April 1933, at a time when a royal commission on bulk handling of grain was in progress, and after over 20 years of failed proposals for bulk handling of grain in Western Australia.
The trustees of the Wheat Board of Western Australia and Wesfarmers registered the company together with capital of £100,000 divided evenly into 100,000 shares. The cooperative was formed under the principle of one person, one vote, regardless of the amount of grain supplied.
CBH merged with the Grain Pool in November 2002, after the Parliament of Western Australia passed legislation allowing the merger to go ahead.
In 2016, the Australian Taxation Office revealed that despite generating more than $3.4 billion in revenue in 2013/14, the company paid no tax. This made it Australia's biggest revenue earner not to pay tax in the period under review.
From Wikipedia’s article on CBH Group, shared under CC BY-SA 4.0.4