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[[File:BoonSign2.jpg|left|thumb|Sign to Boon]]
In 1988, Frank Boon purchased a mash tun and kettle from the Rubbens brewery and a second kettle from the Lemaire brewery, thus completing the original Boon brewhouse. The new brewing setup initially acted as a pilot brewery for Brouwerij De Gouden Boom (owned by Frank Boon and Paul Vanneste since 1983) However, to avoid excise tax issues, the first batch of Boon lambic was brewed in fall 1990.<ref name=GeuzeKriek>Jef Van den Steen, [[Books#Geuze & Kriek: The Secret of Lambic Beer|Geuze & Kriek: The Secret of Lambic Beer]], 2012</ref><ref name=HoralBoon> Horal - Boon (Dutch), http://www.horal.be/vereniging/boon-lembeek</ref>
Frank Boon eventually left the distribution business due to losing exclusive rights on many of the local beers. To distribute his new lambic, Boon initially signed a deal with the Belgian wine and spirits distributor Fourcroy. The deal, which resulted in Fourcroy buying a 50% share in the new brewery, did not produce the results that Frank had hoped for. Eventually, Boon was able to buy back all of the shares of the brewery. In 1994 he also sold his stake in the De Gouden Boom brewery, which would also become part of the Palm Brewing group in 2003.<ref name=PalmDeGoudenBoom>Palm Brewery - De Gouden Boom (Dutch), http://www.palm.be/nl/degoudenboom</ref> Around the same time, Frank Boon resold a 50% stake in the Boon brewery to the Palm Brewing group. As of January 1st 2016, Palm is no longer involved with Boon financially or logistically. Boon now organizes their own distribution and the 50% stake that Palm held was transferred to Diepensteyn Holding (who also holds Palm).