Earlier this year, US beverage and medical cannabis firm Tilray took over the craft brewer in a deal worth about £33 million after the company collapsed with debts of more than £500 million, leading to hundreds of job losses.
The administration process saw BrewDog close 38 bars while the pre-pack sale rendered the holdings of about 200,000 crowdfunding “Equity Punk” investors worthless.
Tilray bought BrewDog’s brand, intellectual property, UK breweries and 11 bars, safeguarding 733 jobs while 484 redundancies were made across the shuttered pub network.
James Watt, who co-founded the brewer, stepped down as chief executive of BrewDog in 2024 (Image: BrewDog)
The progress report, filed by AlixPartners at Companies…