An award-winning Aussie brewer has gone into voluntary administration, leavings its owners devastated but hopeful the business can continue.
Lotus Beer Co, which runs Valhalla Brewing in Geelong, has become the latest craft beer brand to collapse amid significant challenges for the industry.
An ASIC notice published on Monday states that administrators have appointed Worrells duo Scott Andersen and Matthew Kucianski.
The first meeting of creditors will be held next week.
News.com.au has contacted the company and administrators for comment.
The Geelong Advertiser has reported Lotus Beer Co director Scott Hunt was devastated that it had come to this point.
Mr Hunt told the paper the rising costs of rent, ingredients, power and a drop in people s…
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