Oakham Ales was founded in 1993 in Oakham in Rutland. Increased demand saw a move to Peterborough, with a brew pub (The Brewery Tap) resurrected from the old labour exchange opposite Peterborough Railway Station, and for a number of years this not only acted as The Brewery Tap for Oakham Ales but also the brewery itself.

Several successful beer launches later, coupled with growing demand, Oakham moved to a purpose-built brewery in 2005, in Woodston, Peterborough.

Now, in 2016, weekly production at the 44-staff company is around 108,000 pints per week. Depending on the time of year that figure can fluctuate, but around 65% of the business is cask with around 15% being bottles. Keg, wine and imported Krombacher form the remaining 20% of the business.