Sydney Distilling Co, the boutique rum maker trading as Brix Distillers, has entered voluntary administration.
RSM Australia has been appointed as the administrator to Australia’s first craft rum distillery. It said that all available options are being explored, including the sale of the business’s assets through a deed of company arrangement.
The business, founded in 2017, operated a bar in Surry Hills.
“As administrators, our priority is to explore every available option to achieve the best possible outcome for not only creditors, but for a legacy Australian distillery brand – including pursuing a sale of the business and its assets,” Ben Carson, director of RSM, said.
“We are currently speaking to a number…