Akasha Brewing have become the latest brewery to enter voluntary administration, with the Sydney-based operation appointing the professional services firm Vincents to oversee the business as they “restructure the operations of the company and to come to terms with creditors”.
The news comes just a week after Deeds appointed Deloitte to oversee a restructuring of the business.
In a media release, Akasha’s founder and CEO Dave Padden said the brewery felt it was a necessary step due to the challenges the industry and wider economy have faced over the last year.
“Whilst we felt this step was necessary to ensure the future success of the brewery, it was a very difficult decision to make,” Dave said in the media release.
“If…
