Tilray Brands has agreed a deal to acquire a package BrewDog's core operations in the United States.
The move follows Tilray’s earlier acquisition of BrewDog’s assets in the UK and Australia, part of a wider strategy to consolidate control of the Ellon-born brand’s global operations.
The agreement will see Tilray acquire BrewDog’s brewing and production facility in Columbus, Ohio, along with three pubs in the state, a hotel in Columbus and a flagship brewpub on the Las Vegas Strip.
The transaction also includes a franchised BrewDog venue in Denver and a licensed location at Columbus airport.
Tilray said the acquisition would deepen its presence in the US craft beer market and strengthen its wider drinks platform across North America.
Irwin D. Simon, chairman and chief executive of Tilray Brands, said: “The acquisition of BrewDog’s key U.S. assets strengthens our U.S. beverage platform and advances our regional craft beer strategy across North America.”
He added: “BrewDog has built a strong following in Ohio and established a highly visible presence in Las Vegas, including a flagship brewpub located on a premier stretch of the Las Vegas Strip.”
Tilray said the transaction builds on earlier agreements involving BrewDog’s operations elsewhere.
Mr Simon added: “Tilray now owns the BrewDog brand and its intellectual property worldwide. This positions us to steward the brand’s next chapter with a unified strategy and a fully integrated North American brewpub footprint designed to support long-term growth and brand strength.”