Sydney Beer Co enters administration
In this article (5)
Sydney Beer Co entered administration last Friday, Australian Securities and Investments Commission (ASIC) filings showed.
The company tapped Richard Stone and Brett Stephen Lord from RSM Australia Partners as administrators.
Sydney Beer Co’s website states that former cricketer Bret Lee and actor and writer Matt Nable co-founded the company.
Dean Joseph Woodbridge and David Richard Catterall are listed as directors on the ASIC documents.
Sydney Beer Co is among the brewers to enter administration recently, along with Kaiju and Billson’s.
Earlier this month, Prime Minister Anthony Albanese said his government would freeze the indexation on draught beer excise for two years.
Questions & Answers
Q.When did Sydney Beer Co enter administration?
When did Sydney Beer Co enter administration?
Sydney Beer Co entered administration last Friday. This was confirmed by filings with the Australian Securities and Investments Commission (ASIC).
Q.Who are the administrators appointed for Sydney Beer Co?
Who are the administrators appointed for Sydney Beer Co?
Richard Stone and Brett Stephen Lord from RSM Australia Partners have been appointed as the administrators for Sydney Beer Co.
Q.Who are listed as the co-founders of Sydney Beer Co?
Who are listed as the co-founders of Sydney Beer Co?
According to Sydney Beer Co's website, former cricketer Bret Lee and actor and writer Matt Nable co-founded the company.
Q.Are other brewing companies also facing similar financial difficulties?
Are other brewing companies also facing similar financial difficulties?
Yes, Sydney Beer Co is one of several brewers to enter administration recently, following Kaiju and Billson's.
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