Brewdog enters administration: 484 jobs lost, 38 bars closed as Tilray acquires company for £33m
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tartoran
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Summary
Brewdog, the craft beer company, has gone into administration resulting in 484 job losses and the closure of 38 bars. US beverage and medical cannabis company Tilray has acquired Brewdog's UK brewing operations, brand, and 11 pubs for £33 million. While the deal preserved 733 jobs, the administration process led to significant redundancies and bar closures across the company's operations.
Key quotes
· 3 pulledHundreds of people have been made redundant and dozens of bars have closed after craft beer firm Brewdog went into administration.
US beverage and medical cannabis company Tilray has bought the company's UK brewing operations, brand and 11 pubs in a £33m deal.
Administrators said the sale had preserved 733 jobs - but that 484 jobs had been lost and 38 bars had closed after they were not included in the sale.
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