The $500 million debt that brought BrewDog down
BrewDog, the Scottish brewery chain, was sold to US firm Tilray for a fraction of its earlier valuation of £2 billion . The company was £500 million in debt when it collapsed into administration, leaving shareholders empty-handed and owing creditors £553.8 million.
The collapse of BrewDog has had a significant impact on the couple's relationship, with Georgia Toffolo speaking about the stress of the situation contributing to her five-month struggle to get pregnant.
A new chapter for James Watt?
James Watt has recently announced the launch of a new beer brand, Second Best, and is offering former investors of BrewDog nearly 20 per cent of his new company's shares. Georgia was on hand to help spread the word, encouraging former investors to sign up and claim their equity for free.
The new beers will be shipped in insulated boxes to avoid heat degradation common in supermarket supply chains.
A luxury escape from the drama
Georgia Toffolo and her husband James Watt have jetted off on a luxurious French holiday following the collapse of his BrewDog brewery chain.. The couple is taking time to focus on themselves and their relationship,saying they're like two over-excited teenagers to be away from work and drama.
Georgia shared glimpses of the getaway to her Instagram Stories, showing off stylish outfits from sun-soaked tennis matches to swanky alfresco dinners. The couple stayed in a five-star hotel and sped about in a convertible.
Who is the unnamed buyer?
The unnamed buyer of BrewDog, US firm Tilray, has acquired the company for a fraction of its earlier valuation.. The deal has left shareholders empty-handed and owing cerditors £553.8 million.
It remains to be seen what the future holds for the couple and their reltaionship, but for now, they are taking time to focus on themselves and their love for each other.
Comments 0