Arran Brewery in crowd-funding push
Scotland’s Arran brewery has launched a crowd-funding initiative to raise £4 million.
The craft ale brewer plans to upgrade its brewery on Arran, develop two new breweries on the mainland – the Forth & Clyde Brewery and the Loch Earn Brewery, open Scotland’s first sake brewery, set up a micro-distillery and bottling plant on the site of the former Rosebank distillery in Falkirk, create a brewing school and a chain of beer bistros and craft beer bars.
Arran also plans to pursue a premium market by entering its beers in competitions and making sure prices reflect the cost of production and distribution.
Cash raised from the share issue is to be supplemented by bank loans and grant funding – Historic Scotland has awarded the company a conditional grant of £500,000 for its projects on the site of Falkirk’s former Rosebank distillery.
Director Gerald Michaluk said: “These are ambitious plans from an ambitious company.”