The company employs 10 people, and administrators Richard Lawrence and Mitch Ball from Mackay Goodwin are looking to sell the business.
“(The brewery) will continue to trade while Mackay Goodwin undertakes its preliminary investigations,” a Mackay Goodwin spokesperson told 9news.com.au.
“We won’t be making any comment about possible redundancies during this time…
“It is our intention to sell the business and any interested parties should contact Mackay Goodwin.”
Unlike many of Australia’s craft breweries which popped up over the last decade or so, Grand Ridge is far older, having been established in the 1980s.
“This decision was the most difficult in 35 years of operation,” founder and owner Eric Walters said.
“We believe there is no alternative than to file for voluntary administration. Ultimately, we hope to remain operational.
“It has…
