BrewDog fell into administration owing nearly £500 million, with administrators confirming that shares held under its Equity for Punks crowdfunding scheme "essentially have no value". The firm, founded in 2007 by James Watt and Martin Dickie, had grown from a single bar acquired in 2009 to a g
Brewdog
Nearly 60 businesses and organisations across the north-east of Scotland are collectively owed almost £2.4 million following the collapse of craft beer giant BrewDog, according to a report published by the company's administrators. The administrators' statement of proposals, compiled by Clare
BrewDog has been acquired by the American conglomerate Tilray Brands. The New York-based cannabis and lifestyle giant secured the Aberdeenshire-founded firm for £33 million in a pre-pack administration deal.
The future of BrewDog’s Scottish brewing estate hangs in the balance as HSBC secures the Aberdeenshire headquarters against the company’s debts. This legal charge over the Balmacassie Commercial Park means the craft beer giant risks losing its primary production hub if it fails to find a
Scottish craft beer giant Brewdog has appointed restructuring consultants AlixPartners to oversee a competitive sale process, a move that may result in the business being dismantled and sold in separate parts. The Ellon-based brewer, famous for brands like Punk IPA, has reportedly set a tight deadli
BrewDog’s distilling arm, BrewDog Distilling Co, has revealed it will cease spirit production at its Ellon base in Aberdeenshire in the coming months. The company is set to discontinue its major spirit brands, including Lonewolf Gin, Abstrakt Vodka, Duo Rum, Casa Rayos Tequila, and Ron Bodega.
Bar chain and craft brewer BrewDog has reported a pre-tax loss of £36.7 million, marking the fifth successive year the company has been in the red. The latest figures contribute to a cumulative pre-tax loss of £148m since its last profitable year in 2019.
Craft beer company BrewDog has reported losses of nearly £37 million for the last financial year as sales growth slowed to a near standstill, compounding a turbulent period following the departure of its co-founders. In a recent update to shareholders, the Scottish brewer revealed that sales g
BrewDog co-founder Martin Dickie has announced his departure from the craft beer company, citing personal reasons. In a statement, Mr Dickie – who remains a shareholder – said: "After over two decades in the brewing and distilling arena sadly for personal reasons it’s time for me t
Craft beer giant BrewDog is set to close ten of its UK bars, including its original flagship venue in Aberdeen, citing a challenging trading environment and the commercial non-viability of the specific sites. In Scotland, the closures will also affect its Dundee bar, while across the UK its Brighton
BrewDog has posted a £59 million pre-tax loss for 2023, marking the Aberdeenshire-based craft beer company's fourth consecutive year of losses. This follows losses of £12.5m in 2020, £9.4m in 2021, and £30.5m in 2022. The company last recorded a pre-tax profit of £1.1m
BrewDog's recent failure to submit its 2023 accounts to Companies House on time has highlighted the need for stricter penalties for late filing, according to tax expert Dan Neidle. The Scottish brewer missed the end-of-June deadline without explanation, exposing a flaw in the current system where th
Craft brewer BrewDog has said it is ending its commitment to paying all staff the voluntary living wage.
BrewDog Distilling Co. will release its first ever rum casks for sale as part of an annual online auction with specialist spirits auctioneer, Whisky Hammer.
In what it is calling the "Great BrewDog Glass Amnesty", BrewDog customers have been invited to return glasses taken from their establishments in exchange for a free drink. James Watt, CEO of BrewDog, announced in a recent LinkedIn post that their Hazy Jane glass has become the most pilfered it
