Nearly 500 jobs to be lost in BrewDog's American takeover
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Nearly 500 jobs are expected to be lost when craft beer giant BrewDog is taken over by an American cannabis firm.
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Nearly 500 jobs to be lost in BrewDog's takeover by American firm Tilray The move has been branded "disastrous" for workers and will leave crowdfund investors out of pocket. Monday 2 March 2026 21:37, UK Why you can trust Sky News Nearly 500 jobs are expected to be lost when craft beer giant BrewDog is taken over by an American cannabis firm. One MP has branded the move "disastrous" for workers, while crowdfund investors look set to be left empty handed. Tilray Brands, which produces medicinal cannabis and craft beer in the US, has acquired the Scottish brewer for £33m after it fell into administration on Monday. The move looks set to see the loss of 484 jobs and the closure of 38 bars. BrewDog's 18 franchise bars in the UK and internationally will continue to operate, however. Some 733 jobs in the UK will also be spared, transferring over to Tilray. The move will see the US firm take control of BrewDog facilities including its brewery in Ellon, Aberdeenshire, and The Hop Hub, a national distribution centre in Motherwell, Lanarkshire. More from UK Starmer 'stands by' decision not to join in strikes on Iran with US and Israel 'A nightmare from hell': Brits stranded in Doha and Dubai tell of missile strikes and evacuations Brits caught in Middle East conflict: 'It did not feel real' Be the first to get Breaking News Install the Sky News app for free The brewer, which makes craft beer such as Punk IPA and Elvis Juice, closed its pubs on Monday as it sought to confirm a takeover. In February, consultants AlixPartners were called in to oversee a strategic review and sale process for the business. On Monday, however, they confirmed that the firm would be put into administration. Founder James Watt was among parties to hold talks in a bid to secure a potential takeover. Investors in BrewDog's "equity for punks" had raised concerns after weeks of uncertainty about the business's future. It was one of a number of crowdfunding initiatives set up by the firm before 2021. Admin...
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