The Southland Times

Buyers found for Invercargi­ll Brewery

- DAVE NICOLL

The Invercargi­ll Brewery will continue to operate as a familyowne­d and operated business under new management after new owners had been found for the business.

The brewery was placed into receiversh­ip last month after it made a default in payments to a secured creditor.

The business, which had both fulltime and part-time staff, continued trading with a view to the business being sold.

A statement released yesterday said the staff, including Steve Nally, would be offered contracts with the new company.

Nally has agreed to remain in a brewing role in a business that will trade as Invercargi­ll Brewery. Nally declined to comment. However, in a statement, they said: ‘‘Steve and Amanda and the Invercargi­ll Brewery team are hugely grateful for the support of our families, fellow Southlande­rs and from within the wider New Zealand Brewing Community.’’

All events and bookings would be held as planned and brewery tours would continue as usual.

Receiver Trevor Laing could not be contacted for comment yesterday.

In August 2017, the Nallys told Stuff they were changing the company’s business model to adapt to the rapidly changing landscape of New Zealand’s brewing industry.

At that time the company was moving away from its focus on contract brewing and working towards its own on-site entertainm­ent venue.

 ??  ?? The Invercargi­ll Brewery on Leet St, Invercargi­ll.
The Invercargi­ll Brewery on Leet St, Invercargi­ll.

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