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1787: John Courage, a shipping agent, purchased a brewery at Horsleydown, Southwark, London
1800: firm carried on after John Courage died by his senior clerk, John Donaldson, and is known as Courage and Donaldson
1851: Donaldson family withdrew from management and John Courage junior and his sons Robert and John take over the business
1887: output exceeded 300,000 barrels a year
1888: Courage and Company registered as a limited liability company
1903-1943: followed policy of expansion, acquiring 7 breweries and their associated licensed public houses
1955: merged with another Southwark brewery, Barclay, Perkins and Company Ltd, forming a new company, Courage and Barclay Ltd
1960: acquired H and G Simonds Ltd of Reading, Berkshire and changed name to Courage, Barclay and Simonds Ltd
1956-1970: continued to expand, acquiring 14 other breweries
1970: changed name to Courage Ltd
1972: acquired by Imperial Tobacco Group Ltd for £320 million, changed name to Imperial Brewing and Leisure Ltd.
1986: Imperial Group aquired by Hanson Trust plc, which sold Courage Ltd as a separate concern to Elders IXL, the Australian conglomerate.