BrewDog equity scheme helps finance planned £7m brewery and five bars

Independent Scottish brewer BrewDog is to open a new brewery and five new bars in 2012, partly funded by a customer equity scheme.

BrewDog said it had submitted planning permission for a new £7m brewing facility in Aberdeenshire, following an investment of almost £2m from beer drinkers through its Equity for Punks online share offer.

The scheme, launched in July, gives beer drinkers the opportunity to buy equity in the BrewDog business for as little as £95.

The new BrewDog brewery is expected to create 25 new jobs immediately, rising to 75 in the next five years.

James Watt, co-founder of BrewDog, said: "BrewDog has grown by over 200% in 2011, and through the investment of BrewDog fans throughout the world in Equity for Punks we are planning on exceeding that growth in 2012. The new facility will give us 10 times the brewing capacity, allowing us to meet demand that is growing all the time. In addition to this, we have plans in place to open at least five new craft beer bars over the next 12 months."

"We have also bought the land adjacent to the site of the new brewery, which will allow for further expansion in the future - all made possible by Equity for Punks."

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By Neil Gerrard

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