Fresh from acquiring Stone Brewing’s Berlin taproom and brewery, BrewDog has announced a new round of fundraising.
The Scottish company is looking for £7m initially, which could stretch to £50m, to fund a London hotel — similar to its Doghouse venue in Ohio — two breweries in China, and taprooms in key European countries such as Italy, Spain and France.
The German brewery is located in the Mariendorf neighbourhood of Berlin and contains a 100 hectolitre state-of-the-art brewery, and a 10hl pilot system. It also features a 2,500 square metre taproom and 5,000 sq m of gardens, for enjoying beer outside.
BrewDog will hand over the new brewery keys to the independent craft brewers of Berlin, helping them on their craft beer journey by providing full access to the 10hl pilot system. BrewDog will also showcase their beers in all of its German bars.
Focusing on beer, people and community
BrewDog co-founder, James Watt, said: “We are really excited to become a small part of the craft beer movement in Germany and the German beer scene overall, and we are also really excited to be part of the Mariendorf community.
“Beer, people and community have always been the foundations of our business and that is what we will be focusing on in Berlin, too, as we look to share our passion for craft beer with as many people as we can.”
Greg Koch, co-founder and executive chairman of Stone Brewing Co, added: “Ultimately our project in Berlin turned out to be a bit too aggressively big and bold, and a little too far from home, for Stone to continue to operate. It’s also a much shorter flight from Scotland to Berlin, than it is from San Diego. By a lot.
“We wish our friends at Brewdog every success with the Mariendorf gasworks property. We loved it and brought it to life, and we know they’ll do the same in their own way. They will do great things. And from time to time, as we’ve done in the past, we’ll do some of those great things together.”