Premium spirits distributor Proof & Company Australia has entered into voluntary administration, citing the economy and the changing landscape of the spirits industry as factors.
Sa’Pere, trading as Proof & Company, announced it will appoint administrators to explore all options and achieve the best possible outcome for all involved.
It is unclear what the move will mean for its Australian staff and supply partnerships.
“This decision was not made lightly,” the company said in a statement.
“It reflects the challenges of a local economic downturn and a changing landscape in the spirits industry.
“As is customary in this process, the appointed administrators will explore all options and seek to achieve the…
