MOORFIELDS APPOINTED ADMINISTRATORS OF PIONEERING SUSTAINABLE PLANT BASED SODA MANUFACTURER
Restructuring and recovery specialists Andy Pear and Milan Vuceljic of Moorfields Advisory were appointed Joint Administrators of Gunna Drinks Limited on 24 January 2025.
The company established in 2016 traded under the name Gunna and manufactured soft drinks and mineral waters specialising in eco-firendly, health-conscious flavoured lemonade. The company expanded into the USA in 2022 trading under Gunna Craft Soda Inc. Unfortunately, despite positive reviews and impressive website/social presence the company struggled and in 2024 developed a new strategy but was unfortunately unable to secure funding.
Moorfields are now marketing the goodwill and intellectual property assets for sale. Interested parties should contact laura.robinson@moorfieldscr.com or call 0207 186 1144.
Andy Pear, Partner at Moorfields, said: “Gunna Drinks created a great brand but entered a competitive market place. Non-alcoholic alternatives and craft beer are both popular beverages that we expect to see on the rise but lack of funding and strategy meant that Gunna struggled to make the brand a success.”
ENDS
For media enquiries, please contact:
Katie Smith
Tel: +44 (0)20 7186 1144
Email: ksmith@moorfieldscr.com
About Moorfields
Moorfields Advisory Ltd is one of the UK's leading boutique firms of restructuring and insolvency specialists. The highly skilled teams include restructuring professionals and licensed insolvency practitioners who provide leadership, experience and high-quality advice to companies and their stakeholders in financially distressed situations.
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