11th December 2023 Liquidations / Supie
Stock with a cost value of up to $450,000 has been returned to suppliers of failed online grocery retailer Supie, as liquidators continue to seek buyers for the company’s assets.
Craft beer importer and distributor Beertique NZ has gone into liquidation to become the latest casualty in the sector, which is suffering from rising costs and falling demand.
The egg wholesaler has collapsed in the wake of a supply shortage brought on by changes to both regulation and impending supermarket sales.
Deep Creek Brewing Operations has gone into liquidation, with Derek Ah Sam and Paul Vlasic from Rodgers Reidy appointed liquidators today.
Food manufacturer and retailer Wishbone ran out of road owing creditors more than $2.3m as sales declined and costs ramped up, according to the first liquidators report for its parent company.
Wellington-founded foodservice firm Wishbone is the latest food business to succumb to an environment of rising costs and squeezed profit.
Auckland company Grey Lynn Gin has gone into liquidation citing slowing demand and the increase in the alcohol excise tax for the reasons.
A number of large and small food and beverage firms have been listed as creditors of Ruapehu Alpine Lifts.