The new year has not got off to a great start for Australia’s craft brewing industry, with the news that South East Brewing Company, trading as Kaiju! Beer, has appointed DBA Reconstruction and Advisory as voluntary administrators to assist in a financial restructuring of the business.
The company will continue operating as usual during this process, with no disruption to production or distribution. Employees, customers, and suppliers can expect operations to continue without interruption.
A statement about the voluntary administration said: “This decision was made by the directors, Callum, Nat and Leigh Reeves, after considering options to address the financial challenges stemming from an accumulation of debt. The…
