West Australian distillery Old Young’s has entered voluntary administration, just weeks after being named Champion Distillery at the 2025 Perth Royal Distilled Spirits Awards for the fourth time in six years.
It follows the distiller raising more than $1.36 million in December 2024 from 392 investors on the Birchal platform to build an architectural and tourism destination dubbed a “Cathedral of Gin”.
Since launching in the Swan Valley in 2016, the distillery has attracted global accolades including World Craft Producer and Brand Innovator of the Year at the Icons of Gin awards in 2023.
Greg Dudley, Phil Davie and Jerome Mohen from RSM Partners and National Directors Recovery and Restructuring were appointed as Voluntary Administrators of Old Young’s on 9 September 2025.
“We have taken control of the operations of the Company and are undertaking an urgent assessment of its financial position to form a view regarding its future viability, and to provide the Company with the opportunity to restructure its business,” Mohen said.
Mohen noted that the business would continue to trade ‘business as usual’ in the interim, and said he understood it was the directors’ intention to…