Home > Latest News > Sodastream Clone Goes Bust

Sodastream Clone Goes Bust

Australian Sodastream clone SodaKING has been placed in administration with liquidators seeking an immediate sale.

SodaKING was launched in 2014, and touted itself as “the world’s newest and most innovative manufacturer of home soda systems”. It boasted distribution through over two thousand locations around Australia.

As is always the case when a widely distributed company collapses, questions need to be asked about what happens to the existing stock.

Big W, Woolworths, Betta Electrical, Spotlight, and Harris Scarfe are among the major retailers who stock SodaKING products.

Like Sodastream, it sells refillable gas cylinders for $39 that can be swapped out for $19 for each refill. Many consumers will now be wondering what to do with their now-useless cylinders.

SodaKING Australia and SodaKING IPV have been placed in administration, with Barry Wight and Glenn Spooner of restructuring advisory firm Cor Cordis taking the reins.

“We are continuing to trade the business whilst urgently seeking parties looking to acquire or recapitalise Soda King,’’ the administrators said in a statement.

No further financials or debts have been made public.



You may also like
2025: Wokeness, Along With ‘He Him’ ‘She Her’ Is Out, Diversity Has A New Name ‘Fit For The Role’
Millions Of Dodgy Lid Stanley Mugs Recalled Due To Users Being Burnt
Coles Supply Chain Under Pressure As Woolies Takes $140M Hit
Temu Looking To Cut Deals With Local Appliance & Big Goods Suppliers In Same Day Service Move
Big W And Kogan Slammed Over Poor Service

Popular Posts

LG Undertakes Another Appliance Recall After House Fires & Pets Killed
Latest News
/
/
EXCLUSIVE: Audio Connection Takes On French Audio Brand, Third Distributor In 4 Years
Latest News
/
/
Hackers on computers wearing face masks. Image: Microsoft Copilot
Urgent Upgrade Of Netgear Routers Recommended
Latest News
/
/
Amazon Struggling To Cope With AI Demand
Latest News
/
/
EXCLUSIVE: Yamaha Responds To Rumours That They Are Set To Quit The AV Market
Latest News
/
/

Digital Magazines

Recent Post

LG Undertakes Another Appliance Recall After House Fires & Pets Killed
Latest News
/
//
Comments are Off
LG is facing another product recall, this is the same appliance manufacturer the Australian Competition & Consumer Commission, were forced...
Read More