We are not relocating insists Brew Dog

Brewdog not moving to Peterhead: Director Martin Dickie and Managing Director James Watt at the launch of Equity For Punks II. Photograph: Paul Clarke
Brewdog not moving to Peterhead: Director Martin Dickie and Managing Director James Watt at the launch of Equity For Punks II. Photograph: Paul Clarke

Broch company Brewdog have quashed rumours that they are relocating to Peterhead.

Speaking to the Herald, managing director, James Watt said: “I have no idea where this rumour came from but can confirm that we have no plans to relocate to Peterhead.”

BrewDog, established in 2007, has during the current economic climate of cut backs, bucked the trend and firmly established itself as Scotland’s largest independent brewery, exporting its unique, often controversial craft beer to 13 countries around the world.

Developing the business in 2010 by opening a specialist bar in Aberdeen, the entrepreneurs behind the company, James Watt and Martin Dickie, have continued expanding during 2011 opening a bar in Edinburgh in March and then in Glasgow last month.

Offering craft beer enthusiasts a unique atmosphere in which to enjoy ‘only the best, most exciting and most flavoursome craft beers’.

Exceeding all expectations, the speed of the growth and demand for BrewDog products, resulted in an interim agreement with Meantime, a London-based brewery, at the start of the year, enabling the company to increase production to help meet the demand.

Mr Watt continued: “We will be relocating to custom-built premises at Potterton to enable us to increase production to meet with demand but that move is still at least a year away.

“Our new facility will be made as environmentally friendly as possible and will be completely carbon neutral.

“This will be achieved through heat recovery, re-use of water, a bio-mass generator and permission dependent also a windmill.”

Having secured planning permission in 2009 and ironed out teething problems for the treatment of effluent, the thriving business launched its second investment offer last month - Equity For Punks II - which will be used to expand BrewDog’s current bar portfolio and develop the new brewery.

Raising more than £500,000 in two days, the latest offer will see 10,000 shares made available to buy in £95 packages from the company’s website providing an opportunity for fans of the famous BrewDog beers to help the business “redefine” the UK beer scene.