Big Drop investment

Big Drop investment grants international growth

09 January, 2019

Big Drop Brewing Co has received a £500k investment via seed funding from private investors which will see its international distribution increase.

With impressive growth over the last two years and currently on track for revenue of £1m in 2019, the brewery has targeted the low and no-alcohol beer industry. 

Big Drop has seen a 775% sales growth in the last 12 months, helped by UK sales of no-alcohol beers increasing by 58% and a rising demand for greater variety of low and no-alcohol beers. 

Big Drop’s recent investment will enable the next stage of the company’s development, allowing the business to increase marketing and production.

Big Drop will be moving some of its brewing to mainland Europe to meet the dual challenges of Brexit and satisfying increased demand. It is also looking at brewing options in Canada to reduce its carbon footprint and to provide a gateway into North America.

Rob Fink, founder of Big Drop, said: “We aim to raise the standards for low and no-alcohol beers and our numbers reflect that customers love what we do. 

“The latest investment will unlock more resource, production efficiencies and sales potential both in the UK and globally. There’s a huge potential audience out there for us and we’re only just beginning.  Stout is now the fastest growing beer variety in the UK due to the craft beer boom, and our version is doing phenomenally well.”

Big Drop does not use an artificial alcohol extraction process. Instead, it brews the beer to strength, which is thought to allow a fuller flavour.

Globally Big Drop is available in Albert Heijn in The Netherlands, Systembolaget in Sweden, Alko in Finland and soon LCBO in Canada.

Keywords: Big Drop




Comment

Philip Duff

Dirty cocktail names: Is it the end?

There are lies, damn lies, statistics – and then there are statistics about cocktails. It emerged recently that a UK firm named Travel Republic surveyed punters, and apparently 29% of them disapprove of sexually suggestive cocktail names.

Events

Facebook

Twitter