Summary
Brewdog, a Scottish craft beer company, is considering selling parts of its business as it seeks new investors. Employees are worried about their jobs, following news that financial experts have been brought in to explore options. The company, which operates globally, says this move is to ensure long-term stability.
Key Facts
- Brewdog may sell parts of the company and is working with financial experts to find investors.
- Some employees only learned about the sale plans from media reports.
- The company employs about 1,400 people in locations around the world, including Scotland, the US, Australia, and Germany.
- Workers have expressed concerns about their job security through their union.
- Some employees have had their weekly hours reduced, affecting their wages.
- Brewdog sold a significant stake to TSG Consumer Partners in 2017.
- The company announced a £37 million loss earlier this year.
- Brewdog stopped making spirits at its Scottish distillery and announced job cuts in recent months.