Friedrich and Richard Ibing were born as the youngest sons of a renowned family of clothmakers that had been active in the textile industry for over 200 years. However, the decline of this industry was already evident in the 19th century. The artisanal businesses could no longer compete with industrially manufactured English fabrics. It is therefore not surprising that people began looking for other forms of employment.

In May 1863, the brothers Friedrich and Richard Ibing acquired two plots of land in a former quarry, where they established their operations. After seven years, the company needed to be expanded, but this was not possible at this location. In April 1870, an area of ​​nearly 10,000 square meters was acquired, on which a spacious new building was erected. From the very beginning, the Ibing brewery was one of the leading Mülheim breweries. The brewery also enjoyed fame beyond the borders. At the 1889 World Exhibition in Paris, beer from the Ibing brewery even received a gold medal.

In 1892, Friedrich Ibing died of a stroke at the age of 58. Hugo Ibing, the eldest of Friedrich Ibing's two sons, took over as authorized representative in the management of the brewery at the age of 23 and successfully led the business under his uncle. At the beginning of the 20th century, the brewery had an annual brewing capacity of 60,000 to 65,000 hectoliters. The number of employees rose from 30 in 1900 to 62 in 1908. Erich Ibing, the last descendant of the founders, managed the brewery for only a short time. In 1955, the Ibing family sold the company.