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

Surcharge ban may not be a win for consumers
Finance

Peter Griffin: Surcharge ban may not be a win for consumers

There are winners and losers in the surcharge move.

Peter Griffin 30 Jul 2025
FNZ employee shareholders stake claim at $7.7b
Finance

FNZ employee shareholders stake claim at $7.7b

The claim has been lodged in the High Court at Wellington.

Victoria Young 29 Jul 2025
FMA warns lenders on mortgage fraud
Finance

FMA warns lenders on mortgage fraud

The FMA sees dangers for borrowers if lenders aren't vigilant.

Staff reporters 25 Jul 2025
‘Teflon Man’ Neil Quigley’s next big job
Finance Analysis

Pattrick Smellie: ‘Teflon Man’ Neil Quigley’s next big job

Is the RBNZ lining up a Canadian replacement for Adrian Orr?

Pattrick Smellie 23 Jul 2025