Sydney Distilling Co, trading as Brix Distillers, has entered voluntary administration, casting uncertainty over the future of one of Australia’s most decorated craft rum producers. The Surry Hills-based distillery, operational since 2017, appointed RSM Australia Partners as administrators on January 21, 2026.
RSM Australia director Ben Carson confirmed that administrators are actively pursuing multiple rescue options, including a potential sale of business assets or a recapitalization through a deed of company arrangement (DOCA). The primary objectives are to maximize returns for creditors while preserving the legacy brand.
The distillery’s collapse is particularly notable given its exceptional industry recognition. Brix Distillers achieved global acclaim by winning World’s Best Unaged Rum at the World Rum Awards for their White Cane Spirit in both 2020 and 2022. The company further cemented its reputation by capturing Best Rum honors at the 2023 Tasting Australia Spirit Awards.
A significant asset in the administration process is the company’s extensive private inventory of Australian rum, described as one of the country’s largest private collections. This substantial stockpile is expected to generate considerable interest from wholesalers and potential investors looking to acquire the distinguished brand.
Mr. Carson reported encouraging early interest from multiple parties regarding the brand’s future. The administration team has initiated a formal sales process, requesting non-binding indicative offers within the next ten days. The first creditors’ meeting is scheduled for February 3, where stakeholders will learn more about the company’s financial position and potential pathways forward.