A popular Australian beer company has entered voluntary administration after nearly 10 years in business.
Hawkers Beer, an independent brewing company based in Reservoir in Melbournes northern suburbs, entered voluntary administration on February 12.
The administrator was appointed to help facilitate a financial restructuring of the business.
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Post COVID has been a challenging period with bigger players increasingly restricting access to taps and shelf space, combined with broader economic pressures, including increased input costs and taxes, founder and managing director Mazen Hajjar said.
However, we are confident that the restructuring will ensure the business is in a stronger pos…