Victorian distillery and tourist attraction Billson’s has entered voluntary administration, after what co-owner Nathan Cowan called “vast and incomprehensible” challenges to the business.
Billson’s, which operates from a historic facility in the north-east Victorian town of Beechworth, reportedly tapped Rob Smith and Matthew Hutton of McGrath Nicol as voluntary administrators on Wednesday.
In a statement shared to social media, Cowan, who took over the Billson’s business in 2017 with his wife Felicity, said he was “shattered” by the decision.
“We’ve tried everything imaginable over the past six months to avoid this situation, including restructuring on two occasions, however we now believe this to be the necessary…
