Young's

Young and Co.'s Brewery P.L.C.
Industry Hospitality industry and alcoholic beverages
Founded 1831
Founder(s) Charles Young and Anthony Bainbridge
Headquarters Wandsworth, UK
Area served London & Southeast
Products Public houses and beer
Website http://www.youngs.co.uk/

Young's (Young & Co.'s Brewery P.L.C.) is a British pub chain operating nearly 220 pubs.[1]

The company was founded as a brewery in 1831 by Charles Young and Anthony Bainbridge when they purchased the Ram Brewery in Wandsworth. The company closed the Ram Brewery in 2006, and the brewing operation was transferred to a new company, Wells & Young's Brewing Company Ltd, which was a joint brewing venture with Charles Wells Brewery. Young's held 40% of the shares in the new company until the sale of their stake to Charles Wells was announced in August 2011.[2][3] There is a rolling contract for Young's to take beers produced by Wells & Young's.[4][5][6]

Until its closure in 2006, the company's Ram Brewery in Wandsworth was claimed to be Britain's oldest brewing site in continuous operation, with a history dating back to the 1550s when a Humphrey Langridge, "beer-brewer at Wandsworth", leased the Ram pub.[7]

Contents

History

A Ram pub on Young's brewery site was recorded from a survey around 1550 which details the owner as Elizabeth Ridon, who leased out the premises. The first indication of brewing at the Ram are from 1576 when a Humphrey Langridge, "beer-brewer at Wandsworth" (then a village in Surrey), had his house broken into, and the thief was tried at the local assize court; this Humphrey Langridge is also recorded as being landlord of "the Rame" in 1581, and so it is surmised by Young's historian that Langridge would have been brewing at the Ram in 1576.[8] The site of this inn is today the Brewery Tap. Records from 1675 show that the brewery was run by the Draper family, and in the 18th century, the Trittons purchased the brewery. It was purchased by Charles Allen Young and Anthony Fothergill Bainbridge in 1831. Since then it has been associated with the Young family, and until 2006 the last chairman of Young & Co belonging to the Young's family was John Young, the great-great-grandson of the founder.

The brewery supplied Young's public houses, in London and the area to the south-west, which still number over 200. It also sold to many other pubs and supermarkets. Beer was also exported to many European countries, Canada, the United States and Japan. The company produced three regular and a series of seasonal and occasional cask ales, keg lagers, and several filtered and pasteurised bottled beers. Young's also contract-brewed several beers for InBev, such as Courage Best and Mackeson Stout.

On 23 May 2006, the company issued a press release announcing that the Ram Brewery was to close and brewing was to be moved to the Eagle Brewery in Bedford, then owned by Charles Wells.[9] Wells & Young's Brewing, with Charles Wells having a 60% stake, and Young & Co 40%, went into operation on 2 October 2006. Wells & Young's were then responsible for brewing, distributing and marketing Charles Wells' and Young & Co's brands at the jointly owned Eagle Brewery in Bedford. The company was operated at arms length from both Young's and Charles Wells. However a combination of directors from both companies sat on the Wells & Young's Board.

Chairman John Young died on 17 September 2006, days before the closure of the brewery, whilst the final brew was being run at the Ram brewery Wandsworth. Beer from the last brew was served at his funeral on 29 September 2006.

Young & Co are still based in Wandsworth. Until June 2007 they were based at the offices at the Ram Brewery, however after that they moved into their new Head Office, around the corner from the former brewery site.

On 9 August 2011, the company issued a press release announcing the sale of their stake in Wells & Young's Brewing Company Ltd to Charles Wells.[10]

Ram Brewery

Young's claimed that the Ram Brewery was the oldest British brewery in continuous operation.[11] At the time of its closure in 2006, the brewery was a mix of ancient and ultra-modern plant, including a steam engine which had been installed in 1835 and had been in regular use until the 1980s.

A number of animals were resident in the brewery, including a ram, a number of geese and about a dozen working draught horses, usually a shire horse. Until the closure of the brewery in 2006, the horses and drays were still used for local deliveries of beer to locations within a mile or two of the brewery.

The Ram Brewery officially closed at the end of the business day on Monday, 25 September 2006. The brewery closing story was carried by BBC London news and as of 4 December 2008, the old Ram Brewery has been approved for redevelopment into a new shopping / business centre.[12]

The new owner of the site, property company Minerva_plc, has hired one of the former Young's brewers, John Hatch[13], as site manager. One of his jobs is to keep brewing going on the site via a 'nanobrewery' set up in the old Young's laboratory[14]. Hatch's new Ram Brewery brews at least once a week in order to maintain the "oldest British brewery" claim.[15].

Wells & Young's

Wells & Young's Brewing, with Charles Wells having a 60% stake and Young & Co 40%, went into operation on 2 October 2006. Wells & Young's are now responsible for brewing, distributing and marketing Charles Wells' and Young & Co's brands at the Eagle Brewery in Bedford. In August 2011, Charles Wells purchased Young's stake in Wells and Young's.

References

  1. ^ "Young & Co.'s Brewery plc (YNGa): Stock Quote & Company Profile - BusinessWeek". investing.businessweek.com. http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ric=YNGA.L. Retrieved 2009-07-13. 
  2. ^ "Disposal of 40% minority stake in Wells & Young’s Brewing Company Limited". www.youngs.co.uk. http://www.youngs.co.uk/releases/090811-Disposalofwells&youngs.pdf. Retrieved 2011-08-31. 
  3. ^ "Charles Wells Ltd purchases 40% stake in Wells & Young's Brewing Company Limited from Young & Co PLC". www.charleswells.co.uk. http://www.charleswells.co.uk/home/news/wells-and-young--s-brewing-co-ltd. Retrieved 2011-08-31. 
  4. ^ "About Wells & Young's - Wells & Young's Brewing Company Limited - www.wellsandyoungs.co.uk". www.wellsandyoungs.co.uk. http://www.wellsandyoungs.co.uk/wellsandyoungs/about. Retrieved 2009-07-13. 
  5. ^ "Young's - history". www.youngs.co.uk. http://www.youngs.co.uk/history-2006.htm. Retrieved 2009-07-13. 
  6. ^ "Last orders for UK's oldest brewery". London: guardian.co.uk. 23 May 2006. http://www.guardian.co.uk/business/2006/may/23/money4. Retrieved 2009-07-13. 
  7. ^ Milmo, Cahal (24 May 2006). "Takeover calls time on Britain's oldest brewery - This Britain, UK - The Independent". London: www.independent.co.uk. http://www.independent.co.uk/news/uk/this-britain/takeover-calls-time-on-britains-oldest-brewery-479461.html. Retrieved 2009-07-13. 
  8. ^ Helen Osborn, Britain's oldest brewery: the story behind the success of Young's of Wandsworth, page 33, Young & Co., 1999, ISBN 0951816721
  9. ^ Response to any questions on Project Duck prior to any announcement:
  10. ^ "Disposal of 40% minority stake in Wells & Young’s Brewing Company Limited". www.youngs.co.uk. http://www.youngs.co.uk/releases/090811-Disposalofwells&youngs.pdf. Retrieved 2011-08-31. 
  11. ^ Helen Osborn, Britain's oldest brewery: the story behind the success of Young's of Wandsworth, pp 31 - 49, Young & Co., 1999, ISBN 0951816721
  12. ^ Minerva’s Wandsworth towers get green light
  13. ^ John Hatch on LinkedIn
  14. ^ Interview with John Hatch on Youtube
  15. ^ Report on a visit to the new Ram Brewery
Bibliography

External links