Award-winning brewery Deeds Brewing has gone into voluntary administration in what shapes as another terrible year for the nation’s boutique brewers.
The company based in Glen Iris, melbourne/index.html” id=”mol-f915dda0-e268-11ee-96e3-cbfaaa4427a5″ class=”class”>Melbourne, entered administration on Wednesday, according to ASIC records.
David Orr and Glen Kanevsky of Deloitte have been appointed joint administrators, reported 9News.
Award-winning brewery Deeds Brewing has gone into voluntary administration in a terrible year for the nation’s boutique brewers
The fate of about 50 staff hang on whether the company – which comprises Deeds Group Pty Ltd, Deeds Brewing Company Pty Ltd, Future Proof Distilling Pty Ltd and Deeds Taproom Pty Ltd – can be restructured or sold to a new owner.
‘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.
‘For now, it is a case of business as usual and continuing to trade while we explore urgent sale or recapitalisation options.’
The beer debuted as…
