Jun 9, 2026 – 2.00pmA recapitalisation deal that would have saved Barbeques Galore, allowing the iconic barbecue and outdoor furniture chain to continue as a going concern, has collapsed.Street Talk can reveal a deed of company arrangement proposal from Barbeques Galore’s primary lender Gordon Bros, which in May was deemed the best outcome for all stakeholders by receivers, will not proceed because of an inability to agree on commercial trading terms with suppliers.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Barbeques Galore recap collapses; 62 stores to close, job losses loom
The collapse is expected to result in 62 stores closing, and transitional arrangements put in place for the 27 franchisee-owned and operated stores.
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