Black Hops Brewing is the latest in a series of breweries to enter voluntary administration, advising that the Black Hops Board had no alternative but to place the business into voluntary administration due to its current circumstances.
Deloitte Turnaround & Restructuring partners David Mansfield and Tim Heenan have been appointed voluntary administrators of the operations to facilitate a financial restructuring of the business, effective Thursday 28 March.
Mansfield said: “In these early days, we are taking over management of the business and commencing a review of its financial position. For now, the Gold Coast brewing and taphouse operations will continue to trade while we explore urgent sale options.”
Black Hops…
