Australian distiller Top Shelf International (TSI), the company behind Ned Australian Whisky, Grainshaker Vodka and Act of Treason agave spirit, has been placed into voluntary administration.
In an ASX announcement earlier this week, TSI said: “Rob Smith and Matthew Hutton, partners of McGrathNicol, were appointed joint and several Voluntary Administrators (Administrators) of Top Shelf International Holdings Limited and its wholly owned subsidiaries on 18 August 2025.”
The administrators have assumed control of the group while they explore restructuring options, with the ASX statement saying: “Control of the TSI Group now rests with the Administrators who intend to continue to trade on a business as usual basis while…