Brothers Beer put into voluntary administration

Brothers Beer put into voluntary administration
Brothers Beer's City Works Depot site. (Image: DGR)
Riley Kennedy
Voluntary administrators have been appointed to Auckland craft brewer and wholesaler Brothers Beer.PwC’s Stephen White and John Fisk were appointed to the group’s three entities on Monday and said they hoped to be in a position to put a “credible” restructuring proposal to creditors for a vote within the next month.“The objective will be to deliver a better outcome for them than if the group is simply liquidated,” White said in a statement.Founded in 2012 by Anthony Browne and Andy Larsen, it operates as a cr...

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025
Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025