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The Independent UK
The Independent UK
National
Neil Pooran

Why BrewDog has temporarily closed down all of its UK sites

Brewdog United Kingdom James Taylor James Watt AlixPartners
  • Craft beer giant BrewDog temporarily shut its global network of bars on Monday as the company moved to finalise its anticipated sale.
  • The closures, affecting 72 bars worldwide, were a direct consequence of the imminent change in business control and associated licensing agreements.
  • An announcement regarding the sale is expected early this week, with US brewer and cannabis group Tilray Brands reportedly nearing a deal to buy parts of BrewDog.
  • BrewDog's chief executive, James Taylor, communicated with staff via email on Monday, explaining the temporary closures and scheduling company-wide calls.
  • The potential sale has led to questions from investors who participated in BrewDog's 'equity for punks' crowdfunding initiatives.

IN FULL

Every Brewdog bar closed for day as craft beer giant nears sale

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