Queensland brewing company Ballistic Beer Co has been put on ice as it enters voluntary administration.
The beloved brewers dont plan on closing their doors for long, hoping a major restructure will help better the balance sheet.
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Two administrators were appointed to take control of the Brisbane brewing company on 24 January, according to Australian Securities and Investment Commission (ASIC) records.
Appointed administrators Jason Stone and Paul Allen from PKF Melbourne have given notice of a creditors meeting set for 6 February.
Voluntary administration is designed to resolve a companys future, a…
Read the full article at: https://7news.com.au/lifestyle/drink/beloved-brewing-company-ballistic-beer-enters-administration-c-9574224