finance

Edinburgh craft brewery build new warehouse following securing £840,000 funding



Edinburgh craft brewery has secured an £840,000 funding boost to help double its output which will create up to 18 new jobs

Stewart Brewing will use the funds to build a new warehouse and packaging site to let the brewers increase its canned selection and extend its core beer range.

It received the funds from the Royal Bank of Scotland, the family business’s financial partner since 2004.

Despite 80% of Stewart Brewing ’s stockists being forced to shut during the pandemic, the small business was quick to adapt and with support from customers and retail partners moved into canned beers which now accounts for 70% of the brewery’s turnover.

The new warehouse will provide the family business with space to continue to create innovative and alternative beer flavours.

Steve Stewart, managing director at Stewart Brewing, said: “Edinburgh was founded on brewing, banking and business, so it’s important to us that we are able to play a part in continuing this legacy. Despite the difficulties the sector has faced over the past 18 months, we are incredibly proud that we have been able to continue with our plans for expansion.

“We are lucky enough to have a financial partner who is confident in us and our business, and has an aptitude and breadth of knowledge of the sector. Our relationship with Royal Bank of Scotland has been an asset to us as we pushed forward our growth plans during a time which posed more problems than it did solutions.”

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