Brewer Innis & Gunn launches £1m push to fund expansion

Innis & Gunn founder Dougal Sharp. Picture: Contributed

Innis & Gunn founder Dougal Sharp. Picture: Contributed

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Innis & Gunn, the Edinburgh-based craft brewer, has launched a £1 million crowdfunding drive to accelerate its growth.

The firm plans to sell up to 2 per cent of its share capital to investors who pledge a minimum of £20 through the Crowdcube platform.

Last month, Innis & Gunn announced plans to expand its Beer Kitchen bar concept, which already has sites in Edinburgh and Dundee, into Glasgow and St Andrews, with a further three locations planned for 2017, including its first international opening, in Toronto.

READ MORE: The Big Interview: Dougal Sharp, Innis & Gunn’s founder and master brewer

Dougal Sharp, Innis & Gunn’s founder and master brewer, said the firm was aiming to double its turnover to £25 million over the next three years and the capital raised from investors will be used to accelerate its growth priorities.

He added: “When we started in 2003, the craft beer scene in the UK was virtually non-existent. Through perseverance, hard work, and outstanding beer, we have been able to play a key role in spearheading the growth of the movement in the UK and in turn build a successful international business selling our beers in over 20 markets.”

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