Epic went into liquidation on 25 July 2023[1] and was purchased by construction company Russell Group and beverage manufacturer Hancocks on 25 August, 2023.

Epic Brewing Company started exporting to Australia in May 2009, to the United States and Sweden in 2010 and to Belgium and Italy in 2011.

In the wake of the COVID-19 pandemic, the brewery faced falling sales and rising prices of malt, freight, packaging, excise tax, and salaries.

[4][5][1] The closure of New Zealand's two food grade carbon dioxide plants led to a nationwide CO2 shortage and rising CO2 import costs.

Epic was facing inflationary pressures and a cutback in spending, while resource consent for the new venue stalled at Auckland Council.