Mighty Craft Ltd. operates as a craft beverage company. The company is headquartered in Hawthorn, Victoria. The firm is engaged in the acquisition and operation of various breweries, distilleries, bars and restaurant businesses throughout Australia. The firm enable it brands to scale production, distribution and sales. The Company’s brand portfolio consists of approximately 16 craft businesses operating across spirits, beer and ready-to-drink (RTD) categories, including Kangaroo Island Spirits, Better Beer, Hidden Lake, Torquay Beverage Co, 78 Degrees, Seven Seasons, Mismatch Brewing, Jetty Road, Slipstream, Foghorn and Ballistic. Seven Seasons products include Green Ant Gin and Bush Apple Gin. Mismatch Brewing’s products include Mismatch Lager, Mismatch Session Ale, Mismatch Pale Ale and Mismatch Strawberry Sour. 78 Degrees products include Classic Gin, Australian Whisky, Sunset Gin and Native Grain Whisky.
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Here are the latest articles on Mighty Craft (ASX: MCL)
Mighty Craft collapses amid struggles for craft beer and inability to leverage its stake in Better Beer
July 23, 2024
Once a shining beacon in the alcoholic beverage industry for independent operators that could gain distribution through alternative channels to supermarket chains, Mighty Craft (ASX: MCL) has come crashing down to the point of insolvency and entered voluntary administration. Calling in restructuring firm Ankura to oversee an orderly wind up of the business, the move
Mighty Craft signs deal to sell Mismatch and 78 Degrees for $7.2m
April 3, 2024
Battling massive debt, craft beverage accelerator Mighty Craft (ASX: MCL) has been on a mission to divest its businesses to stay afloat. In keeping with that, the Company has signed a deal to sell the assets linked to Mismatch Brewing Company and The Hills Distillery (78 Degrees) to a third-party buyer, led by a consortium
Better Beer on the move as Mighty Craft strikes NZ distribution deal for zero-carb goodness
July 7, 2022
An Australian beer rapidly rising in popularity as a low-carb alternative is set to be launched in New Zealand with alcoholic drinks brewer Mighty Craft (ASX: MCL) entering into an agreement with DB Breweries to distribute Better Beer in New Zealand. The binding agreement will see the zero-carb, zero-sugar and low-calorie beer initially imported into
Health-conscious Aussies getting on the piss responsibly with zero carb alternative as Better Beer sales explode
December 14, 2021
While international coverage of Australia often highlights our tendency to appreciate a coupl’a tinnies, sales of Mighty Craft’s (ASX: MCL) Better Beer suggests Aussies have become notably more health conscious with sales of the zero carb beer exceeding all expectations. Since launching their zero carb beer, Australians have downed Better Beer to the sum of
Mighty Craft to launch Better Beer as Australia’s newest zero-carb beer
July 26, 2021
Fresh from completing their $29 million capital raise last week, beverage company Mighty Craft (ASX: MCL) has confirmed its entry into the zero-carb beer market which will extend its footprint in the healthy alcoholic beverage sector. The launch of ‘Better Beer’ will be facilitated via a new partnership between social media company The Inspired Unemployed
Mighty Craft secures $500k grant to develop Distillery on Kangaroo Island
March 1, 2021
Wildlife enthusiasts will soon be bringing home extra luggage from their Kangaroo Island visits with craft brewery and distillery business Mighty Craft (ASX: MCL) securing a $500k grant to develop a distillery on the picturesque island famous for its array of birds, beaches, seals and wildlife. The $500k comes from the South Australian Tourism Commission
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