BREWDOG’S AUSSIE EXPANSION

Brewdog is a craft brewer founded in 2007 in Aberdeenshire, Scotland

It has eight permanent beers including Punk IPA, Jet Black Heart and Elvis Juice

In 2010 it launched a beer with 55pc alcohol costing up to £700 for a bottle

The company is known for its publicity stunts including brewing a beer at the bottom of the ocean

It opened its crowdfunding scheme ‘equity for punks’ in 2011 issuing shares totalling £2m

Brewdog now has 55,000 shareholders, 49 bars and more than 750 employees

BREWDOG is opening a brewery in Australia as it continues an expansion which has seen its price tag reach £1bn in just over ten years.

The Scottish craft brewer, which was launched by two 24-year-old entrepreneurs in 2007, will build the facility in Brisbane, which will be between 2,000-4,000 sq m.

The Brewhouse will include a canning facility, taproom and restaurant. And Brewdog plans to collaborate with local craft breweries in a bid to help them grow their market share in Australia.

Brewdog has also agreed a franchise tie-up with TRG Concessions in the UK to open pubs and bars in airports and train stations.

Brewdog runs 32 bars in the UK and 17 overseas including in Barcelona, Berlin and Sao Paulo. In 2017, private equity firm TSG Consumer Partners bought a 22pc stake for £213m, giving Brewdog its £1bn valuation.