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Brewdog founder to give shares in new beer brand to old investors
Key takeaways
- PA Media James Watt was 24 when he co-founded Brewdog in 2007One of the founders of Brewdog has announced plans to launch a new beer brand, promising free shares to people who lost money in his original venture.
- James Watt co‑founded the craft beer company with Martin Dickie in 2007.
- However, the company collapsed with debts of more than £500m and was taken over by US based Tilray earlier this year.
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PA Media James Watt was 24 when he co-founded Brewdog in 2007One of the founders of Brewdog has announced plans to launch a new beer brand, promising free shares to people who lost money in his original venture.
James Watt co‑founded the craft beer company with Martin Dickie in 2007. At its peak, Brewdog had four breweries, around 100 pubs worldwide, and a valuation exceeding $1bn.
However, the company collapsed with debts of more than £500m and was taken over by US based Tilray earlier this year.
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