Business

Innis & Gunn’s Edinburgh brewery plans on ice as Wellpark partnership is renewed



Scottish craft beer business Innis & Gunn has renewed its partnership with C&C Group, so its beers will continue to be produced and packaged at C&C’s Wellpark Brewery in Glasgow, as well as its own brewery in Perth.

The deal effectively puts plans to build a new new brewery, at Heriot-Watt University’s Research Park west of Edinburgh, on ice.

This time last year, Innis & Gunn completed a £3m crowdfunding appeal to help finance the venture, with planning permission for the first major brewery to be opened in Edinburgh for 150 years granted in May.

The C&C partnership will be formalised through investment in Innis & Gunn which will give an equity stake of 8%.

A long-term incentive scheme is also in place which will make a number of additional shares available to C&C based on performance targets being met.

The agreement builds upon the long-term manufacturing relationship between the two companies which began back in 2010.

Since then, Innis & Gunn has grown to become the number one craft beer in Scotland, a top three craft brand in the UK, as well as a leading craft brand in Sweden and Canada.

C&C will use its position as the largest independent beverage-alcohol distributor in the UK and Ireland to increase the distribution and availability of Innis & Gunn beers in the on-trade, wholesale and free-trade channels, through its distribution businesses Matthew Clark in the UK and through Bulmers Ireland.

Innis & Gunn will continue to be responsible for all brand marketing and for sales and distribution to national pub chains, the off-trade and current international markets.

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Dougal Gunn Sharp, founder of Innis & Gunn, called this is a key next step in the company’s growth strategy.

“C&C is the right partner with the right platform to help us accelerate our growth into these channels and seek to replicate the success the brand has enjoyed in Scotland.

“The new manufacturing agreement leaves all options on the table to allow us to build our Edinburgh brewery when the time is right and when there is less uncertainty in the market caused by the current Covid-19 pandemic.”

Kenny Gray, managing director for Scotland at Tennent’s – owned by C&C Group – said: “As an equity partner our interests are naturally aligned to grow the brand.

“To that end, we will use our platforms to gain access to the larger UK and Irish markets as well as seeking to collaborate in other, new international markets where we see opportunities.”



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