Asia Pacific’s leading independent spirits distributor Proof & Company has placed its Australian business into voluntary administration, citing “a local economic downturn” and a “changing” Australian spirits industry landscape.
The administration process applies solely to its Australian subsidiary Sa’Pere Drinks, which is currently trading as Proof & Company Australia and includes Australian brands such as Husk Distillers’ Husk Rum and Ink Gin, and Everleigh Bottling Co.’s bottled cocktail range.
“This decision was not made lightly,” Proof & Company wrote in an online statement published on the weekend. “It reflects the challenges of a local economic downturn and a changing landscape in the spirits industry.”
Shane…
