Wild Beer Co has collapsed into administration and ceased trading while a search begins to find a new buyer. The Somerset-based brewer, which has a popular taproom at Bristol’s Wapping Wharf, celebrated a decade in business in August and was seen by many as one of the forerunners and success stories of the craft beer movement.
The homepage for the company's website has today (Monday, December 5) been updated with a statement saying: "Sam Talby and Rob Coad of Undebt.co.uk have been appointed as Joint Administrators of The Wild Beer Co Ltd with effect from 2 December 2022 and are managing the affairs, business and property of the Company. The Joint Administrators act as agents of the Company without personal liability.
"Sam Talby and Rob Coad are authorised to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales and the Insolvency Practitioners Association and are bound by the Insolvency Code of Ethics." The Times reported that the company had struggled to cope with rising production costs, but a spokesperson for Undebt told the newspaper they were “hopeful of interest in acquiring the business given Wild Beer’s strong brand".
