West Berkshire Brewery, creators of Good Old Boy and Renegade Lager, has launched a crowdfunding campaign to fund the next stage of development.
The campaign on Seedrs intends to raise £750,000 to add further scale to the fast-growing business. The brewer has already received pledges of £500,000 from its existing shareholders during the exclusive pre-launch stage.
West Berkshire Brewery (WBB) said it has been able to continue to grow and build some parts of its business in the past three months of coronavirus crisis, with particular success in its online retail offering and packaging business.
“The past few months have been extremely tough for everyone, ourselves included, but despite these challenging times, we have been able to trade through and some parts of our business are in significant growth, commented Tom Lucas, managing director at WBB.
“We are in a very positive place and ready to continue accelerating our business in the months and years ahead.”
Planned developments for the brewery business include new brews and an ambitious plan for the Maverick Pubs portfolio. Brand new beer subscription boxes will also be launching over the coming months.
WBB has added its first ever alcohol-free beer, Solo (0.5%ABV), to its portfolio earlier this year. Available in 330ml bottle and can formats, with trials into kegs, the Solo range includes a classic Pale Ale, Pilsner and Peach Pale Ale variant.