Brewdog co-founder James Watt launches bid to buy back beer firm

James Watt has made an official offer to repurchase the craft beer company months after its acquisition by Tilray.

• Watt said in an email to investors that if his bid succeeds, Equity for Punks shareholders would receive the same stake they once held for free.
• Brewdog was bought by Tilray earlier this year after collapsing with debts exceeding £500m.
• Watt previously attempted to buy back the firm after its collapse but lost to Tilray.
• Watt stood down as chief executive in 2024 and later launched a new beer brand, Second Best.