KAIJU! Beer have become the latest brewery to enter voluntary administration, appointing DBA Reconstruction and Advisory to oversee a financial restructure of the overarching business, South East Brewing Company.
Throughout the voluntary administration process, KAIJU! will continue operating as usual, with the doors to their Huntingdale brewpub remaining open and their production schedules continuing without interruption.
Co-founder and CEO Callum Reeves told The Crafty Pint the decision was made due to the level of debt they were carrying, including an excise bill owed to the Australian Taxation Office (ATO).
“I’m really confident about the business going forward; we’ve had a really good couple of months, it’s just we were never going to be able to work through the debt,” Callum says.
Indeed, the last 12 months have brought many positives for KAIJU!, with the brewery named Champion Medium Australian Brewery at 2024’s Australian International Beer Awards while also securing a Best Pilsner Trophy for their Köldspliff.
In recent years, their Dandenong South production brewery has continually been upgraded to keep up with demand and in early 2022, they opened their long-planned brewpub in…
