Tilray buys Brewdog's UK brewery and 11 pubs for £33m
Change
Tilray acquired Brewdog's UK brewing operations, brand and 11 pubs in a £33m deal that administrators said preserved 733 jobs while 484 positions were made redundant and 38 bars were closed immediately.
Why it matters
The transaction places Brewdog's core UK assets under new foreign ownership and removes the primary path for retail investors to recover capital because administrators said no equity holders will receive a return. The administrators' intervention and immediate bar closures create legal and operational uncertainty for remaining creditors, landlords and staff.
Implications
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Source
Topics
Mergers & Acquisitions Management Manufacturing Food & Beverages