Iconic Australian beverages brand Billson's has plunged into voluntary administration after more than 150 years.
"Over the course of 7 years, everyone's hard work and passion has resulted in overwhelming support by people all over Australia and some pretty incredible business growth. "We are shattered by the stress this decision will undoubtedly cause our team, suppliers, customers and fans," they said."We've tried everything imaginable over the past six months to avoid this situation, including restructuring on two occasions, however we now believe this to be the necessary step for survival."We will do everything possible to work through this so Billson's can emerge more resilient as a business and ready to take on another century.
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