Distribution company Hop And Vine, and an associated entity ABV Beverages, have both been put into liquidation.
Christchurch-based beer, wine and cider distributor Hop and Vine, owned by Terry and Carol Mitchell, was placed into liquidation on April 2 after more than 25 years in business.
ABV Beverages, jointly owned by Hop And Vine and Auckland-based Beer Fridge, which launched in September 2024, was placed into liquidation on the same day.
According to Brenton Hunt’s liquidator’s report, the reasons for insolvency of the businesses include:
- With a difficult trading environment since its inception, the company(s) struggled with working capital.
- A number of key brands which were targeted to…
