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Brewdog has officially entered administration, as reported by The Gazette.

Draft House Holding Limited confirmed the appointment of AlixPartners as administrators in an update issued on 5 March.

BrewDog has revealed that 38 of its bars are set to close.

The establishments earmarked for closure were not part of a £33 million sale to American company Tilray Brands.

The closures will lead to 484 job losses, according to the brewer's administrators.

Tilray has acquired the BrewDog brand, its UK brewing operation and 11 of its pub venues across the UK and Ireland in a rescue deal.

Harriet Cross, MP for Gordon and Buchan, where BrewDog is headquartered, described the job losses as "disastrous" for both the North East and the UK.

She further commented: "This announcement underlines the growing issues facing the drinks industry and hospitality sector, with challenging market conditions causing financial difficulties like this.

"I will immediately be writing to BrewDog's new owners asking where these affected roles are, the future plans for the business, and what support is being given to staff at this unsettling time."


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