Independent craft brewery Ballistic Beer Co has called in the administrators, as the award-winning Queensland company attempts to restructure its operations.
As first reported by The Crafty Pint, Ballistic Beer Co, based in Salisbury, Queensland, this week appointed administrators from PKF Melbourne to handle its affairs.
A notice published by the Australian Securities and Investment Commission on Tuesday shows Jason Stone and Paul Allen were tapped for the role.
Speaking to the beer industry publication, Ballistic Beer Co founder David Kitchen said the administrators are working with company directors and shareholders with the goal of resuming normal trade in the near future.
Company social media pages advertise an in-person events at its Salisbury taphouse for this Saturday.
Beyond its first venue, the company’s products are still available for sale online, in supporting bars, and stockists nationwide, Kitchen added.
A meeting of creditors will take place on February 6.
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Ballistic Beer Co launched operations in 2017 with its Salisbury taphouse, before capitalising on the craft beer boom with premises in Brisbane,…