BrewDog in the headlines after a sale talks and fundraising drama: reports say a sale/pose to dump distilleries; co-founder James Watt steps back as chief. Brief bio: Scottish craft brewer/pub chain, founded 2007, once valued near $1B.
BrewDog, the Scottish craft brewer, has been acquired by US cannabis and drinks company Tilray for £33 million after falling into administration. The deal results in 38 bar closures, 484 job losses, and leaves crowdfund investors with no returns. The remaining 11 bars and UK operations will continue under Tilray.
Tilray Brands has acquired BrewDog for £33m after the Scottish brewer enters administration. The deal will see 484 job losses and the closure of 38 bars, with 733 UK roles spared and transferred to Tilray. The Ellon brewery and Hop Hub in Motherwell remain central to the business under new ownership.
Unilever plans to merge its food division with McCormick in a $15.7 billion cash and equity deal, creating a global flavor powerhouse. The transaction, expected to close by mid-2027, will see Unilever's shareholders owning 55% of the new entity, marking a significant shift in its strategic focus.