BrewDog is “not for sale” according to the company’s owner.

Irwin Simon, the CEO of Tilray Brands, which acquired the business out of administration in March, was speaking to The Brewers Journal in London yesterday.

Following claims from former owner James Watt who said he intends to buy the business back, the Tilray CEO said “I’m very clear, BrewDog is not for sale. I’ve done more than 100 acquisitions in my life and this is one I’ve been most excited about.

“I’m very excited about the future of BrewDog.”

Earlier yesterday Watt published a statement where he outlines his plans to buy the business back.

He said: “we have formally submitted our offer to buy BrewDog”.

Watt added the offer was made by his new beer brand Second Best and sent to Tilray Brands.

He explained: “43,000 Equity Punks have already joined the bid. If we succeed, every registered punk gets their BrewDog equity back, for free.

“We’d also restore the Real Living Wage, bring back the team’s equity, and put the community back at the heart of the business.

“The punks and the crew built this company and BrewDog deserves to belong to them once more. Equity Punks, you backed me once. This time, I’m backing you. Hopefully, we can bring BrewDog home.”