The Colonial Sugar Refining Company was founded on 1 January 1855 by Sir Edward Knox. It was formed in Sydney as a partnership of unlimited liability which took over some of the assets of the Australasian Sugar Company and Robey and Company including sugar stocks and the Brisbane House refinery and distillery. On 1 June 1857 the Colonial Sugar Refining Company shareholders and Victorian business interests formed an associate company – the Victorian Sugar Company – to establish a refinery and distillery in Melbourne. From 1869-70, three large sugar mills were built and operated on the Macleay and Clarence rivers, New South Wales. A new sugar refinery opened in Pyrmont, Sydney, and from 16 February 1878 Pyrmont became the New South Wales refinery. In 1880 Knox handed over the general management of the company to his second son Edward William.

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