Tilray Brands (NASDAQ:TLRY) on Monday announced it has entered into an asset purchase agreement to acquire key BrewDog operating assets in the United States, including the Columbus, Ohio brewery, three Ohio pubs, a Columbus hotel, the Las Vegas flagship brewpub, a franchised Denver location and a licensed site at Columbus airport.
The transaction is expected to close in the fourth quarter of fiscal 2026, subject to customary regulatory approvals and other closing conditions.
It follows Tilray's prior acquisitions of certain BrewDog operating assets and builds on the company's global ownership of the BrewDog brand and intellectual property.
The acquired assets represent BrewDog's primary physical footprint in the U.S., encompassing brewing capacity, hospitality venues and licensed retail operations.
Tilray stated the deal aligns with its strategy to expand its beverage portfolio and strengthen its position in the craft beer and hospitality segments through strategic asset acquisitions and brand partnerships.