Ballistic Beer

2023 - 1 - 27

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Image courtesy of "7NEWS.com.au"

Beloved Australian brewing company Ballistic Beer enters ... (7NEWS.com.au)

Appointed administrators Jason Stone and Paul Allen from PKF Melbourne have given notice of a creditors meeting set for 6 February. Voluntary administration is ...

[Cookie Guide](https://www.sevenwestmedia.com.au/cookies-guide). [BrewsNews](https://www.brewsnews.com.au/2023/01/25/ballistic-beer-enters-administration/). [The Crafty Pint](https://craftypint.com/news/3054/ballistic-beer-goes-into-administration) that Ballistic is working with the administrators on “an investment and restructuring plan”. [ASIC](https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/BALLISTIC-BEER-COMPANY-PTY-LTD-606759022/ea41338b-d4b6-4434-913e-da941a29e8e6?appointment=All¬icestate=All&deregistration=true&court=&district=&dnotice=)) records. [Drink >>](https://7news.com.au/lifestyle/drink?utm_source=7NEWS&utm_medium=contextual-link&utm_campaign=lifestyle-article-sub-topic-page) [Queensland brewing company](https://7news.com.au/news/qld) Ballistic Beer Co has been put on ice as it [enters voluntary administration.](https://7news.com.au/business/workplace-matters) [The beloved brewers](https://7news.com.au/lifestyle/drink) don’t plan on closing their doors for long, [hoping a major restructure](https://7news.com.au/business) will help better the balance sheet.

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Image courtesy of "Daily Mail"

Ballistic Beer Co, major Queensland craft beer company, collapses (Daily Mail)

Ballistic Beer Co appointed administrators according to documents with the financial regulator ASIC earlier this week.

'If you don’t plan, then plan to fail! The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. Ballistic Beer runs a several breweries in Queensland, including in the Whitsundays, Salisbury and Springfield, as well as producing its own craft beer lines. Its Hawaiian Haze Pale Ale was placed 8th in the Hottest 100 Beers of 2021, with another three Ballistic brews also making the list. They include a series of medals from the 2021 Australian International Beer Awards - the largest beer contest in the world. The business launched in 2017 and its tinnies have taken home a swag of accolades.

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Image courtesy of "SmartCompany.com.au"

Ballistic Beer Co enters voluntary administration as independent ... (SmartCompany.com.au)

Independent craft brewery Ballistic Beer Co has called in the administrators, as the award-winning Queensland company attempts to restructure its operations ...

[Birchal has released its Australian equity crowdfunding findings for 2022 and, unsurprisingly, breweries were at the top of the list.](https://www.smartcompany.com.au/startupsmart/news/breweries-biggest-equity-fundraises-of-2022/) [craft breweries earned the biggest raises of any business type in 2022](https://www.smartcompany.com.au/startupsmart/news/breweries-biggest-equity-fundraises-of-2022/). The company’s products are now stocked in bars and bottle shops nationwide, and its Pilot Light mid-strength earned a gold medal at the Australian International Beer Awards in 2017. Ballistic Beer Co launched operations in 2017 with its Salisbury taphouse, before capitalising on the craft beer boom with premises in Brisbane, Bundaberg and Airlie Beach. 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. Independent craft brewery Ballistic Beer Co has called in the administrators, as the award-winning Queensland company attempts to restructure its operations.

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Image courtesy of "9News"

Popular independent Queensland craft beer brewery collapses (9News)

Brisbane-based Ballistic Beer Company entered voluntary administration on January 24, ASIC records confirmed.

The business entered voluntary administration in September 2022 to "restructure and re-finance" the company. "We are reviewing the company's operations, activities and financial position to enable us to provide an opinion on the company's future. "PKF's present intention is to carry on the company's activities and to continue trading," a PFK spokesperson said.

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Image courtesy of "NEWS.com.au"

Shock as popular beer company collapses (NEWS.com.au)

A much-loved Aussie independent brewing company has gone into administration, with the firm's future now up in the air.

“We have to now go through this process of the reorganisation and that will determine ultimately where we finish up. The website says the brand is famed for its “approachable, innovative and well-balanced beers” and that the company has won nearly 100 gold, silver and bronze medals at various national and international competitions. So it’s a process now that really the administrator is spending a lot of time with our GM and coming up with a plan that he believes is a viable option for us to proceed and that he can recommend to close out the VA,” he told the publication. “What we expect is in five weeks’ time, the company will be in a much better shape and, in the meantime, Ballistic will continue trading and our product is still available in venues and in bottle shops, national chains, and for wholesale. “And we expect to be out of it in five weeks time, and onwards and upwards. “The aim of that VA [voluntary administration] is just to reorganise and restore the balance sheet,” he said.

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