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BrewDog Sold for £33M: 500 Jobs Lost, Future Uncertain
3/9/2026
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BrewDog Sold, Jobs Lost
- BrewDog, the craft beer company, sold to Tilray for £33 million, far below its previous £2 billion valuation.
- The closures of 38 UK bars led to nearly 500 job losses, with many employees given little notice.
- James Watt, BrewDog co-founder, expressed regret over rapid expansion and noted 220,000 equity punks may not see returns.
- Tilray ownership raises questions about BrewDog's future direction and long-term strategy.
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