Scottish brewer Innis & Gunn has announced plans to build a new brewery in Scotland.
Funding for the new brewery comes from £3 million raised in a mini-bond investment offer, the Innis & Gunn BeerBond, which closed in July.
The investment offers a four-year, initial fixed-term mini-bond with an gross interest rate of 7.25 per cent per annum for investments from £500.
Additionally, investors could choose the BeerBucks BeerBond, offering 9 per cent gross interest rate per annum, with the return taken in the form of ‘BeerBucks’, redeemed against beer at the Innis & Gunn online shop.
Innis & Gunn sold over 20 million bottles of beer in 2014.
Speaking on the news, Dougal Gunn Sharp, founder and CEO of Innis & Gunn, said, “We’ve always known that our fans and the beer community were enthusiastic about the offer and keen to get involved, but we have been truly bowled over. It’s now a matter of breaking ground on our site, which we are now in final negotiations to secure.”
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