Brewdog secures investment from former Skyy bosses

21 October, 2009

British brewer Brewdog has secured investment from two former Skyy Spirits bosses and launched an online shares scheme.

According to a statement from Brewdog, Keith Greggor and Tony Foglio were jointly responsible for growing Skyy Vodka into a billion dollar brand before selling Skyy Spirits LLC to Campari 2007.

The pair have invested a minority stake in the Fraserburgh-based brewery and have joined Brewdog’s management team, with Greggor becoming a company director. The duo’s key focus will be to help grow BrewDog PLC and to increase sales and distribution in the USA which is already a key export market.

Keith Greggor, who has set up an import business in the US, The Griffin Group, said: “During our many years in beverage alcohol, we have only seen a few game-changing players come in fresh to the industry.  Brewdog is one of them.”

The brewer has also launched Equity for Punks – an online equity raising method. www.equityforpunks.com.

Through Equity for Punks, Brewdog will sell 10,000 shares for £230 each.

The community of 10,000 investors to Equity for Punks will receive a lifetime 20% discount on beer at www.brewdog.com and a stake in the company. The £2.3m raised from Equity for Punks will provide the funding for Brewdog to build a carbon neutral eco-brewery in Aberdeen.

Greggor continued: “The whole craft beer movement is becoming a common global phenomenon, with no other beverage alcohol sector having such a committed involvement from its consumers. Equity for Punks provides a unique opportunity for those committed consumers to become part of the fabric of the industry.  It goes well beyond the task of simply raising capital by developing a community of Brewdog beer lovers who become an army of Brewdog brand ambassadors. This community will thrive, as will the brand.”

A full investment prospectus is downloadable at www.equityforpunks.com where you can also buy shares online.

 





Digital Edition

Drinks International digital edition is available ahead of the printed magazine. Don’t miss out, make sure you subscribe today to access the digital edition and all archived editions of Drinks International as part of your subscription.

Comment

Ben Branson

Ben Branson on the future of non-alc spirits

In his inaugural column for Drinks International, Branson takes a wider look at the overall non-alcoholic spirits sector to identify which brands will thrive and which won’t survive.

Instagram

Facebook