"We appreciate this is an unsettling time for everyone, and we want to ensure that all colleagues have the opportunity to hear directly from us about what happens next. To enable everyone to attend, and to comply with licensing issues arising from an anticipated change of ownership, we have taken the decision that none of our bars will open tomorrow."
"Founded in 2007 by James Watt and Martin Dickie, BrewDog grew rapidly from a rebellious challenger brand into a global operator with around 60 bars in the UK and a presence in the US, Australia and Germany. At its peak, the group was valued at more than £1 billion and became a symbol of the craft beer revolution."
BrewDog, the Scottish craft beer company founded in 2007, has temporarily closed all its bars globally to facilitate company-wide meetings and address licensing requirements connected to an anticipated ownership change. Chief executive James Taylor informed employees that the shutdown was necessary to brief all staff directly on the next phase of the sale process. The closure also resulted in cancelled food and beer deliveries and customer bookings. This development follows BrewDog's appointment of consultants AlixPartners to oversee a structured sale process. The company has faced sustained financial losses, including a £37 million loss in 2024, alongside reputational challenges and recent job cuts and bar closures.
Read at Business Matters
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