Mighty Craft has entered voluntary administration so that a decision can be made about whether or not the business should continue as a going concern.
In an announcement to the ASX today, the business said they had appointed Liam Healey and Quentin Olde from specialist restructuring firm Ankura as joint administrators.
The announcement follows a period in which Mighty Craft has sold off their shares in a number of craft breweries and distilleries the “craft beverage accelerator” had invested in over the years. The shedding of brands left the business with little more than approximately one-third of Better Beer – a beer brand the ASX-listed operation founded in 2021 alongside Nick Cogger and the comedy group, The Inspired…
