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Stroud Brewery and Animal Trust repay bondholders
As we approach the end of 2025, we’re excited to announce
that both Stroud Brewery and Animal Trust have repaid bondholders in full.
Here, we take a closer look at the positive impact these
investments have achieved.
News
- 25 November 2025
Organic craft beer producer, Stroud Brewery, launched a bond offer to raise £300,000 in August 2018 to help develop a purpose-built brewery and bar. Designed to accommodate its growing needs, this included greater capacity for production, storage facilities, larger offices and a new taproom, with green features such as solar panels and rainwater harvesting.The funds were raised from 97 investors and the project was especially popular among local people, with almost half (48%) living in a Gloucestershire post code. The offer filled in just five days and investors received an annual interest of 5%.
In a letter thanking investors, Stroud Brewery’s managing director, Greg Pilley, said: “The past seven years have been an adventure: moving into our new building, growing our brand and tripling turnover – despite the pandemic and wider economic challenges.”
He added that the company remains proud to be an organic brewery striving for excellence as a B Corp Business.
“Looking ahead, we will focus on our team and customers. We plan to introduce sustainability champions across the business and will continue working toward our mission: to bring people together and inspire positive change.”
Expanding affordable pet care
Triodos Bank launched a £2m bond offer for veterinary social enterprise, Animal Trust, in December 2021 to help grow its services in England and Wales. A community interest company (CIC), Animal Trust’s mission is to make good veterinary treatment more affordable and accessible for lower earning pet owners and it seeks to open sites in areas where available services are usually too expensive for local residents.
Faced with the increased demand generated by the rise in pet ownership during the Covid pandemic, Animal Trust needed the funds to grow its surgeries and to make its services accessible to more pet owners on lower incomes.
Investment was available from £50, with the five-year bond paying 6% interest annually. Thanks to the success of the organisation, the investors have been repaid a year ahead of schedule.
In a letter thanking investors, the Animal Trust emphasised the “huge difference” the funds have made in “enabling us to deliver on our purpose of making trusted veterinary care easy to access so pets and people live happier and healthier lives.”
In the four years since the bond offer launched, the company has expanded its surgeries from nine to 15 and invested in its digital platforms. In the twelve months to June 2025, Animal Trust helped more than 100,000 pets.
