Leading Fife brewery St Andrews Brewing Co. has exceeded its crowdfunding target of £400k and is continuing to accept investment to increase beer production to meet export demand and supply their growing estate of bars.
Owner Tim Butler said:
The business currently operates four bars in St Andrews and Edinburgh. Last week they announced the acquisition of Rascals bar in St Andrews opening later this month. A fifth bar is scheduled to open at Dundee’s historic Caird Hall in November.
Today, St Andrews Brewing Co. revealed proposed designs for the Dundee bar that will include an atrium seating area at the entrance, a cocktail bar, and a snug area as part of the 175-cover establishment. At 8,000 square feet, it will be one of the country’s largest craft beer bars.
At present, St Andrews Brewing Co. owned bars consume 25% of the business’s beer production, with the remaining 75% distributed to bars and venues across Scotland and retailed at seven supermarkets including Sainsbury, Asda, Lidl and Aldi. The crowdfunded investment is earmarked to fund new brewery equipment capable of quintupling their production to one million pints in 2019.
Founded in 2012, St Andrews Brewing Co. employs 70 people and has won several highly-coveted awards, including Scotland’s Best Beer Bar at the 2017 Scottish Beer Awards.
Full details about St Andrews Brewing Co. available here.