Brewdog could mount $1bn resurgence, new owner says Hospitality The new owner of Brewdog has said the craft beer brand can be worth $1bn, as the firm tries to “rebuild” the brand to its former glory. Tilray, a US-based cannabis and alcohol products firm, said it plans to pile significant investment into Brewdog to make it profitable next year and propel it towards a [...]
Brewdog: Co-founder James Watt ‘terminated’ as director Hospitality Brewdog co-founder James Watt has been “terminated” as director of the craft beer firm after its sale to a US cannabis giant. Watt established the brewing company with schoolmate Martin Dickie in 2006 but resigned as a company director on 24 March, according to Companies House filings. Brewdog kickstarted the UK’s craft beer craze but [...]
Brewdog: HSBC could seize brewery if no buyer found Hospitality Brewdog’s sprawling Scottish brewing estate could be seized by HSBC if the craft beer firm fails to find a buyer to steady its finances. Brewdog has agreed for its debts to be secured against its brewery in Ellon, Aberdeenshire, meaning it could lose its huge brewing estate if it cannot pay up. Co-founder James Watt [...]
Asahi cyberattack halts domestic operations amid ongoing investigation September 30, 2025 Japan’s largest brewer, Asahi Group Holdings, remains unable to resume production at its domestic factories following a cyberattack on Monday, with the firm unable to provide a timeline for when normal operations might resume. “Asahi Group Holdings is currently experiencing a system failure caused by a cyberattack, affecting operations in Japan,” it said in a [...]
Marston’s ditches brewing and switches to ‘pure play hospitality’ October 16, 2024 Pub group Marston’s has officially ditched brewing and announced a new strategy, which will see it focus entirely on pubs. In a vote of confidence for the UK’s hospitality sector, it will “embark on a new chapter” as a pure-play hospitality business, its chief executive Justin Platt said. “We are outlining a differentiated strategy for [...]