The funding will accelerate the construction of BrewDog’s new brewery in Brisbane, Australia.
Scottish craft beer maker BrewDog will construct the headquarters of its Australian business in Brisbane, with a total investment of AUD 30 million ($23.6 million).
The company announced last year that it had narrowed its search for a site to Newcastle and Brisbane. Following numerous scouting trips, meetings and feasibility studies, BrewDog settled on the Queensland capital as the site of Australian headquarters.
The new site will consist of a 3,000-square-metre brewing and canning facility, as well as a restaurant, taproom and visitor centre.
Construction is due to start in the second half of 2018 and the first Australia-brewed BrewDog beers are expected to roll out in early 2019.
The site will initially serve the Australian market, with the potential to export to Asia. BrewDog will be brewing its full line-up of beers such as Punk IPA, Dead Pony Club and Jet Black Heart, as well as small-batch brews specifically for the regional market.
BrewDog Australia director Zarah Prior said: “We’ve been so humbled by the support from local businesses as well as the local community who have shown a real passion for BrewDog to call Brissie home. It’s a city that’s on the brink of some incredible growth, and we can’t wait to be a part of that.
BrewDog will brew its full line-up of beers at the site, such as Punk IPA, Dead Pony Club and Jet Black Heart, as well as small-batch brews.
“There are tonnes of amazing local breweries we’re looking forward to working alongside and collaborating with. From local brewing pioneers Green Beacon and Newstead, through to up-and-coming breweries like our mates at Range Brewing. We are hugely appreciative of the support we received from Brisbane Marketing, Austrade, and the Queensland Government, all of whom played a role in sealing the deal for Brisbane.
“We couldn’t have received a warmer welcome from the government, people and craft beer community in Newcastle. The passion the community has shown for creating incredible beer is inspiring, and we look forward to a close relationship with Newcastle and other cities in New South Wales as we grow our beer distribution and BrewDog bar network.”
BrewDog co-founder James Watt added: “Australians are some of the most passionate and informed beer drinkers on the planet. The encouragement I received from the craft beer movement during my last visit in the country blew me away. I’m glad our Australian fans at home and in the diaspora were relentless in pushing for a brewery, and I look forward to sharing my first can of Aussie brewed Punk IPA with them.”
Starting out in 2007, BrewDog now owns and operates two breweries in Scotland and the US, 50 bars across the globe and employs over 800 people. The launch of BrewDog Australia is expected to generate 150 jobs in the Brisbane area over the next five years.
Last year, strategic equity investor TSG Consumer Partners acquired a 23% stake in the company for £213 million.
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