Wild Beer Co enters administration

Somerset based brewer Wild Beer Co has ceased trading and entered administration as a result of rising costs.

The company stated on its website that Undebt.co.uk had been appointed as administrators and are managing the affairs, business and property of the company.

Administrators are looking into potential acquisitions for the company which is why it has ceased trading.

Wild Beer Co started in 2012 and produced a number of IPA’s, stouts, alcohol free and vegan beers. It opened a pub in Cheltenham which closed in 2019 owing to “increased competition” in the town.

A statement on its social media said: “It is with heavy hearts that we regret to inform you that as of today we have entered into a period of administration. We would like to thank each and every one of you for your support and love for our brand. It has been a wild ten years and we are heartbroken to be in this position. We could see the potential for Wild Beer and we had ambitions to increase sales and brand exposure.

“We must sadly report that the company has been facing a number of adverse trading conditions including; Covid, the loss of export sales, spiralling production costs, damaging inflation, and an increase in interest rates that have all affected sales. These factors along with the recent cost of living crisis have impacted the company’s ability to succeed.”