Business

Proof & Company Australia enters administration

Proof & Company has announced its Australian business has entered voluntary administration.

One of Asia Pacific’s leading independent spirits companies, Proof & Company has offices in Singapore, Hong Kong, Shanghai, Beijing, Auckland and Christchurch. Its Australian offices are in Melbourne, Sydney and Adelaide.

Brands that have partnered Proof & Company Australia in recent years include The Everleigh Bottling Co. and Husk Distillery. 

The company said in a statement: “This week, we made the difficult decision to place Sa’Pere Drinks, trading as Proof & Company Australia, into voluntary administration. This decision was not made lightly. It reflects the challenges of a local economic downturn and a changing landscape in the spirits industry.

“As is customary in this process, the appointed administrators will explore all options and seek to achieve the best possible outcome for all involved.

“While this is a difficult period in the industry, it is also one of reflection, renewal and resilience. Proof & Company continues to operate as usual in our other markets including Singapore, Hong Kong, and New Zealand, along with our award-winning Proof Creative team, and cocktail bar, 28 HongKong Street. We are committed as ever to our mission and to the people, customers and brands who make it all possible.

“To everyone who contributed, a heartfelt thank you for these last seven years in Australia.”

Brett Lee’s Sydney Beer Co goes into administration

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Categories: Business