BrewDog co-founder James Watt is making a new bid to buy back parts of the beer company, according to multiple UK outlets. The proposed deal would aim to restore certain ownership stakes associated with former shareholders described by Watt as “equity punks,” the Financial Times reports.
The bid comes after BrewDog’s assets and brand interests were sold earlier this year to a US cannabis firm, as stated by the Mail Online and Daily Mail. The Times and the Telegraph also report that Watt is pursuing a route to regain former taproom and other elements tied to the business, though the reports do not detail the full scope of the assets involved.
City AM and The Grocer similarly describe the bid as a fresh attempt by Watt to regain control of parts of BrewDog. The sources collectively present the effort as an ownership and asset-recapture proposal following the earlier sale to the US cannabis group, with specific terms not fully confirmed in the excerpts provided.
