Australian independent brewing company Tribe Breweries is no longer in voluntary administration following Elsie Cameron Foundation becoming its new owner. The also announced that Heath Baker had been appointed as its new CEO.
Baker will manage the organisation’s day-to-day corporate operations as the company makes the transition out of voluntary administration and resumes work on projects out of its brewery in Goulburn.
Major shareholder Elsie Cameron Foundation is a charitable trust based in Tasmania, while Baker joined the Tribe Breweries team earlier this year. He brings with him more than 25 years of corporate drinks and brewery experience across major brands, including Coca-Cola Europacific Partners as its Head of International Alcohol.
Tribe Breweries entered voluntary administration in February and exited in late May. The company said it had successfully restructure its financial position and set a new path forward for the organisation and the key brands it produces, including Stockade, Mornington Peninsula Brewery and Wilde Gluten Free.
Tribe Breweries said partner brewing will continue to be the driving force behind its revitalisation.
“The completion of the administration process marks a fresh start for Tribe Breweries,” said Baker.
“We are extremely proud that despite this challenge, we maintained supply to all of our customers throughout the process and now with the business on renewed footing, this enables us to provide more certainty for our employees, customers and suppliers.
“We are excited to be able to refocus on our long-term growth and efficiency plans and move forward with our team, suppliers and customers from our Goulburn Brewery.”
Tribe Breweries said it was committed to ensuring all partners and suppliers felt supported during this phase of transition, with any enquiries to be directed to the customer service team at email@example.com.