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Tilray acquires BrewDog’s UK operations for £33M, saving 733 jobs but cutting 484 and closing 38 bars.
Through a TUPE transfer, Tilray Brands has successfully acquired BrewDog's worldwide brand, UK brewing operations, and 11 pubs for £33 million, keeping 733 jobs.
38 UK bars were closed and 484 jobs were lost as a result of the deal, which was finalized after BrewDog entered administration.
The American beverage and cannabis company Tilray is in talks to purchase more BrewDog properties in the US and Australia.
With plans to develop the brand and reach cash flow positivity by 2027, the deal represents a significant growth for Tilray in the global craft beer market.
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Tilray adquiere las operaciones de BrewDog en el Reino Unido por 33 millones de libras esterlinas, salvando 733 puestos de trabajo pero recortando 484 y cerrando 38 bares.