Arran Brewery in £4m crowdfunding move

Arran Brewery has become the latest Scottish brewer to turn to crowdfunding as it seeks to expand its operations.

Arran is to launch an offer later this month in a bid to raise £4m.

Crowdfunding is a way of raising equity by asking a large number of people for a small amount of money each, usually via the internet.

Aberdeenshire-based BrewDog has already raised almost £7m through investors buying shares in its “Equity for Punks” crowdfunding scheme.

Arran Brewery recently announced plans to open a brewery, hotel and visitor centre in the village of St Fillans, Perthshire.

The move is part of wider plans to open new breweries, a distillery and its own chain of public houses.

The beer maker said investors would be offered product and service discounts.

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