One of Australia’s fastest-growing craft beer businesses has appointed administrators after its primary lender collapsed, placing pressure on operations across three states.
Tasmania’s Fox Friday Craft Brewery, which began as a humble nano-brewery in Hobart’s northern suburb of Moonah, confirmed the move on Wednesday, described by founders Sarah and Benn Hooper as one made with “heavy hearts.”
“Unfortunately, we’ve faced significant financial challenges that have brought us to this point,” they said in a statement.
“While we understand that there will be some uncertainty as a result of this decision, we very much intend to come through the other side of this and we hope that Fox Friday and its subsidiaries will continue…
