Dainton Beer have today become the latest brewing company to file for voluntary administration, citing the need to restructure debts in order to continue operating as a profitable business.
In a media release, the owners said they had “taken this step to deal with financial losses the business has accrued from ill-timed expansion in the face of declining consumer demand.”
Co-owner Dan Dainton told The Crafty Pint the Carrum Downs-based brewery had been operating at a loss over the past year after investing heavily in upgrades and expansion at their brewery, and taking on a second venue in Croydon when they acquired the former home of The Public Brewery.
“As much as we’ve tried and we’ve tried, and people on the team have done a great j…
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