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Big Drop starts crowdfund as non-alc brewer readies overseas push.

Authors :
Best, Dean
Source :
Aroq - Just-Drinks.com (Global News); 6/26/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

UK alcohol-free beer specialist Big Drop is seeking £450,000 ($569,435) through a crowdfunding campaign to support its expansion into the US and Asia. The funds raised will be used to replicate Big Drop's business model in other markets, with the company already having licensing deals in Singapore and Australia. In the US, Big Drop currently has a contract brewing arrangement with Illinois-based brewer Destihl, but is also in discussions with other breweries for licensing agreements. The company aims to raise more than £10m since its establishment and forecasts international volume value of £3m in 2024. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Aroq - Just-Drinks.com (Global News)
Publication Type :
Report
Accession number :
178086489