Leading Fife brewery St Andrews Brewing Co. has exceeded its crowdfunding target of £400k and is continuing to accept investment to increase beer production to meet export demand and supply their growing estate of bars.
Owner Tim Butler said: “It’s great to see such a strong start to our crowdfunding campaign. We have a very ambitious growth curve and would love to reach £600k. The equity raised will help to propel the company onto a UK-wide stage, and globally from next year onwards.”
The business currently operates four bars in St Andrews and Edinburgh. Last week they announced the acquisition of Rascals bar in St Andrews opening later this month. A fifth bar is scheduled to open at Dundee’s historic Caird Hall in November.
Read the full press release here.