Amid a difficult post-Covid operating environment, two more breweries, Hawkers Beer and Big Shed Brewing, have entered voluntary administration and are pursuing financial restructuring.
Hawkers Beer has appointed DBA Reconstruction & Advisory as administrator to facilitate a financial restructuring of the business. Drewery operations will be continuing as usual and there will be no impact on production and distribution due to the appointment.
Founder and Managing Director Mazen Hajjar told Beer & Brewer that the decision to enter administration was made due to financial losses, restricted market access, increased production costs and legacy tax debt.
“The cost of energy went up 90 per cent, barley went up 22 per…
