It was announced in early April that Black Hops Brewing was forced to enter voluntary administration, with Deloitte Turnaround & Restructuring partners facilitating a financial restructuring of the business.
One month later, the gold coast brewery took to social media to announce it had been saved from administration after a consortium of previous investors and supporters of Black Hops formed a new company, Black Hops Craft Pty Ltd, and acquired the brewery.
Since the acquisition, Black Hops has now announced the appointment of its new CEO, Nick Boots, marking a new chapter for the brewery.
As an industry veteran who has held General Manager roles at both Kegstar and Stone & Wood, the team are optimistic about Boots’ appointment.
Luke McCormack, General Manager of Transition and co-owner of Black Hops Craft Pty Ltd, said: “One of our highest priorities in taking ownership of Black Hops was searching for an experienced leader to guide the business forward. Clearly, Nick has a track record of results in the industry, and we’re thrilled to have him on board.
“From day one of the business transition, the passion and talent within the Black Hops team was clear. Our commitment was to find our team a…