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2006 - A Bright Future
On may 23rd 2006 it was announced that Young’s would merge with fellow
independent family brewer, Charles wells. At the time of the
announcement of the merger in May, Young’s Chairman John Young said:
“This move will help to safeguard the future of Young’s and greatly strengthen cask beer’s overall position in the market. Charles Wells is a similar firm to Young’s in so many ways. I have known Oliver Wells, President and former Chairman of Charles Wells, for many, many years as part of a long-standing personal relationship between our two families.As we prepare to say goodbye to Britain’s oldest brewery, founded in the reign of Elizabeth I and run by my family since 1831, we must avoid shedding tears and instead consider the advantages that our move will have.”
Paul Wells, Managing Director of Charles Wells, added:
“We are delighted to be teaming up with such a prestigious and historic business as Young’s. The merger of our respective brewing interests creates a significant new force in UK brewing, with strong and growing cask ale brands, operating out of one of Europe’s most modern breweries. We look forward to a long and profitable partnership between the two companies.
John Young said the Ram Brewery site, which is needed as part of those plans, had many problems as a working brewery, including “appalling traffic congestion, an unsatisfactory layout, a serious lack of space, health and safety issues and some out-of-date buildings and equipment”.
The merged company, with its unmatched portfolio of beer brands and modern brewery will not only serve to safeguard famous and much-loved ales, but will create a strong, independent force in the UK brewing industry.
The future for young’s and Charles Wells beer brands is bright and growing brighter.
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