BrewDog £1billion valuation after new £213m injection

Ellon-base BrewDog is now valued at £1 billion after it received a £213 million investment from TSG Consumer Partners.
TSG is a San Francisco buyout firm which also owns US brewer Pabst and now owns 22% of the brewer.
Founders James Watt and Martin Dickie, and other shareholders, could share up to £100 million of that investment between them.
About £100m will be invested in the ten-year-old company and about £113m will be spent buying shares from existing investors.
BrewDog now employs 800 staff and is opening BrewDog bars across the world and has begun building a brewery in Columbus, Ohio, as a launchpad for a bid to conquer America.
BrewDog posted a £7m pre-tax profit on £71m of revenues last year.

The Latest Stories

Scottish accountancy award win for Infinity Partnership
Sustainability champion scoops prestigious award at CIBSE symposium
Real Estate Balance announces new chair 
Paradigm Appoints Europe Area Sales Manager