Charles Wells has confirmed plans to consolidate its brewing and managed pubs units under one identity.
Charles Wells' three units will come under the new identity from next year
The UK-based company will bring Charles Wells Pub Co and Wells & Young's Brewing Co together as Charles Wells Ltd. The firm took sole control of the Wells & Young's JV, which was set up in 2006, when it bought brewer Young & Co's 40% stake in 2011.
Its John Bull Pub Co division, which runs nine managed houses in France, will be renamed Charles Wells, France.
“In August 2011, as Young’s concentrated their focus and investment on their pub business, we reached agreement to purchase its shares in Wells & Young’s” said chairman Paul Wells. “The final payment was made in February of this year and this was the catalyst to review our operating divisions and bringing them into closer alliance.”
The full transition will take effect from the start of next year.
Sectors: Beer & cider, The on-trade
