About 220,000 people could be left empty-handed if a deal prioritises the company’s private equity backer
BrewDog’s army of “punk” shareholders have voiced anger and frustration after the Scottish brewer confirmed plans for a possible sale that could render their investments worthless.
So-called “equity punks” who spoke to the Guardian or posted on BrewDog’s shareholder forum expressed disappointment and accused the company, which has traded on its upstart ethos, of treatment “bordering on contempt”.
One said the plan showed that the small investors, who helped to kickstart BrewDog’s growth after it was founded in 2007, meant nothing to the company.
The backlash came after the loss-making “craft” beer firm confirmed that it had appointed the consultants AlixPartners to “evaluate the next phase of investment for the business”.
