An award-winning New Zealand craft distillery known for its gin, whisky and limited-edition Hot Cross Bun Vodka has entered voluntary liquidation after accumulating more than NZ$2.2 million (US$1.24 million) in debt, the New Zealand Herald reported.
The National Distillery Company, based in Napier, was placed into liquidation on June 15, according to filings by appointed joint liquidators Adam Botterill and Damien Grant.
Founded in 2019 by Blair Nicholl and Ricardo Reis, the Napier-based distillery produced gin, vodka, rum, whisky and a range of limited-edition spirits.
Despite its financial struggles, the distillery had built a strong reputation on the competition circuit, earning 11 gold medals…