The owners of the historic 159-year-old Billson’s Brewery in Beechworth have announced the company has been put into voluntary administration.
In a statement on Wednesday, owners Nathan and Felicity Cowan announced the move, discussing “several mistakes” which had put the company’s systems and processes under pressure.
“Over the course of seven years, everyone’s hard work and passion has resulted in overwhelming support by people all over Australia and some pretty incredible business growth,” the statement read.
“Unfortunately that growth masked several mistakes we made along the way as our systems and processes failed to keep up.
“We’re ultimately responsible for these mistakes and we know that we have let people down. We are devastated and sorry.
The Cowans said they were shattered by the decision and had spent months trying to restructure the business.
“However we now believe this to be the necessary step for survival,” the statement read.
Billson’s products are stocked at major alcohol retailers across Australia. (ABC News: Jason Katsaras)
Billson’s, which brews popular pre-mixed spirits, liqueurs, beers and non-alcoholic cordials and soft drinks, is stocked in major retailers around the country, including Coles,…