Plan put forward to trade Brothers Beer out of $5m debt

Plan put forward to trade Brothers Beer out of $5m debt
Brothers Beer's City Works Depot site. (Image: DGR)
Riley Kennedy
Auckland craft brewer and wholesaler Brothers Beer went into administration owing its creditors $5 million, but a plan has been put in place to help it trade through its problems.PwC’s Stephen White and John Fisk were appointed in early August to the group’s three entities, which were founded in 2012 by Anthony Browne and Andy Larsen. The craft brewery and wholesale business supplies domestic supermarkets and liquor stores.White said in the three years preceding covid-19, Brothers Beer had embarked upon a significant expansion progr...

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