Black Hops was founded by Daniel Norris, Michael McGovern and Edward Oldfield, who initially undertook a non-equity crowdfunding campaign in 20https://www.businessnewsaustralia.com/16 to help fund the company’s first taproom at Burleigh Heads.

Oldfield and McGovern remain the company’s biggest shareholders with 29.83 per cent and https://www.businessnewsaustralia.com/10.82 per cent holdings respectively.

Norris, who formerly held as many shares as Oldfield, parted ways with the company in February last year and the company bought back his shareholding of four million shares for a total of $https://www.businessnewsaustralia.com/1 in January this year.

Black Hops expanded with a new gold coast brewery and tap room at Biggera Waters in 20https://www.businessnewsaustralia.com/19 when it started selling products interstate to hospitality venues and retail outlets.

Following the acquisition of Semi Pro Brewing Co in 2020, the company launched its Brisbane taproom and in 202https://www.businessnewsaustralia.com/1 added a new venue on the Gold Coast – the AWOL Barrel Aged Beer & Taproom…