Residents gutted by the collapse of a beer company

Residents gutted by the collapse of a beer company

Australians have reacted in shock and confusion to the news that a beloved beer brewing business has collapsed into administration.

Brisbane’s popular Ballistic Beer Company went into voluntary administration on Tuesday, according to a filing with ASIC.

The company, which is one of Queensland’s best-known independent brewing companies, has appointed Jason Stone and Paul Allen of PKF Melbourne as directors.

Ballistic Beer Company co-founder David Kitchen said the company hoped to emerge from the disaster.

He assured trade publication The Crafty Pint that the appointment was aimed at massively restructuring the company.

“The current intention is to continue to negotiate,” Mr. Kitchen confirmed. “Ballistic Beer is still available online, in locations and at major retailers nearest you.”

“The purpose of this VA [voluntary administration] is right to reorganize and restore the balance sheet,” he told BrewsNews, another trade news publication.

Now the community is stepping up to drum up support and sales for the beleaguered brewer.

One such community member is Peter Russo, local MP for the state seat of Toohey, who called on everyone to visit the flagship site of the Salisbury Brewery company, which sits in his constituency.

“I’m sure I speak for many people in our community when I say I hope our local ballistic beer team is able to pull through,” Mr. Russo wrote.

He said they were still trading in all of their locations, including the one in Salisbury, and also posted the link to their online shopping website.

“Thinking of everyone involved – especially all workers and their families – as they address this issue,” he concluded. has contacted Mr Russo for further comment.

Social media is also abuzz with news of the brewery bump on the road

“Oh no. This is so sad. Great beers,” one person said.

Another piled in, saying: “Ballistic beer is fabulous, love visiting their Cannonvale brewery and keeping the arvo away.”

A third said: “This is a voluntary administration NOT a liquidation! More than ever, everyone needs to support these guys.

“Hopefully they can overcome this and keep their staff employed.”

“So sad to hear you are in admin. Hope you come out the other side and stronger like @easytimes.brewingco with the help of PKF,” another wrote.

Easy Times, another Brisbane brewery, bounced back from administration last month and even threw its support behind the rival brewery, replying: ‘We hope Ballistic Beer comes out of this stronger than ever.’

A staff member also made a public plea for the business to get some local love.

“Come support your local guys – as someone who works for Ballistic, we strive for the friendliest service and the tastiest beers!!” she wrote.

“We are doing very well, but the support would still mean a lot.”

If all goes well, the brewery expects to be out of the danger zone within the next five weeks.

“The purpose of this VA [voluntary administration] is right to reorganize and restore the balance sheet,” Mr. Kitchen said.

“And we expect to be out of it in five weeks, and beyond.”

Since then, Ballistic has grown into a multi-award-winning independent brewery, opening its first tapas room to the public in the flagship Salisbury brewery in April 2017 and adding four more locations, in Brisbane’s West End, Springfield, Bundaberg and Airlie Beach. .