Tilray buys Brewdog's UK brewery and 11 pubs in £33m deal

BBC
Change
Tilray bought Brewdog's UK brewing operations, brand and 11 pubs for £33m, and administrators said the sale preserved 733 jobs while 38 bars were excluded and closed, resulting in 484 redundancies.
Tilray buys Brewdog's UK brewery and 11 pubs in £33m deal
Why it matters
The acquisition transfers control of Brewdog's core UK assets to Tilray, concentrating strategic and operational decisions with the buyer. Retail investors who bought through Brewdog's Equity for Punks scheme will receive no return, closing a recovery route for small shareholders.
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Source

BBC

Topics

Governance Mergers & Acquisitions Retail & E-commerce Food & Beverages

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