Young’s sells brewing interest; focuses on pubs

August 9th, 2011 | Posted by Real Beer

Young’s & Co. has ended its last ties with its historic London brewery.

Young’s began operations as the Ram Brewery in Wandsworth in 1831, and until 2006 — when it sold a majority stake to Charles Wells and closed its London brewery — claimed the site was the oldest British brewery in continuous operation, with evidence of brewing going back to the 16th century.

Young is selling its 40% share in the joint venture to Charles Wells for £15 million. The Young’s business now consists of 246 pubs, including 26 sites from the acquisition of gastropub group Geronimo Inns in December.

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