Innis & Gunn eyes £3m brewery

EDINBURGH beer firm Innis & Gunn has announced its ambition to create a new, state-of-the-art brewery, bottling line and barrel store in the south of Scotland.

Innis & Gunn claims the new facility will create up to 35 jobs over the next four years.

Dougal Sharp of Innis and Gunn
Innis & Gunn founder and chief executive Dougal Sharp

The project will be financed by the sale of a mini-bond, which the company is calling the ‘BeerBond’. Investors can opt for cash returns or, by purchasing the ‘BeerBucks BeerBond’, they can take their return in the form of ‘BeerBucks’ that are redeemable through the company’s online beer shop. The BeerBond has an interest rate of 7.25% gross interest per annum, with the BeerBucks BeerBond offering the equivalent of 9% gross interest. There is a minimum investment of £500.

“At Innis & Gunn, we’ve always been fanatical about ingredients and brewing, and creating awesome, incredible-tasting beers, which push the boundaries even further,” said Innis & Gunn founder and chief executive Dougal Sharp. “We believe that flavour is the most important thing, it’s what gets us all out of bed in the morning. We want drinkers to love our beer, to find tastes, flavour and textures that they’ve never experienced before.

“Our state-of-the-art brewery is where we will get even more creative and make epic new beers for craft beer drinkers to enjoy. The BeerBond is all about inviting our fans and the craft beer community to invest to help us build this brewery – and we hope they’ll join us on this exciting new venture for Innis & Gunn.”

Applications for the BeerBond will close on June 16.