The Victorian-based outfit called in administrators on Wednesday, according to ASIC records, for four companies that make up the business: Deeds Group Pty Ltd, Deeds Brewing Company Pty Ltd, Future Proof Distilling Pty Ltd and Deeds Taproom Pty Ltd.
It employs about 50 staff, whose futures now hinge on whether the brewery is able to be successfully restructured or sold to a new owner.
David Orr and Glen Kanevsky of Deloitte have been appointed joint administrators.
“It’s very early days in this process as we take over management of the business and commence a review of its financial position,” Kanevsky said in a statement provided to 9news.com.au….
Read the full article at: https://www.9news.com.au/national/deeds-brewing-voluntary-administration/d18f62a7-60c9-4afc-9894-08388139ec0a