One of Queensland’s most high profile independent brewing companies has gone into voluntary administration. Ballistic Beer Co founder David Kitchen told The Crafty Pint the directorsof the companyhave taken the decision to enter into Voluntary Administration.
As pera filing with ASIC dated January 24, they have appointed PKF Melbourne as administrators.
David says the directors and shareholders are working with “an experienced industry group to put together an investment and restructuring plan”the objective of which is to enable Ballistic Beer to resume normal trading as soon as practicable.
He said: “The present intention is to continue trading. Ballistic Beer is still available online, in venues and at great retailers nearest you.”…
Read the full article at: https://craftypint.com/news/3054/ballistic-beer-goes-into-administration