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United Breweries
BSE: 532478|NSE: UBL|ISIN: INE686F01025|SECTOR: Breweries & Distilleries
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Company History - United Breweries
United Breweries (UNITEDBREW) emerged out of demerger of the beer
 business from the erstwhile United Breweries, which was then renamed
 United Breweries Holdings. United Breweries has an association with
 brewing over the last five decades and commands a market share of
 over 50%. 
 
 2003
 
 -Scottish & Newcastle (S&N) has appointed their representative Mr
 Neville Bain as nominee director
 
 -Delisted the shares of the Company from New Delhi, Ahmedabad,
 Calcutta, Ludhiana, Chennai, Hyderabad and Cochin Stock Exchanges.
 
 2004
 
 -UB joins Reebok to market souvenirs and memorabilia
 
 -UB in 4th place among world's biggest spirit marketer chart
 
 -UB signs bottling agreements in Thailand, Lanka and Pakistan
 
 -United Breweries Ltd has inked a manufacturing and distribution pact
 with Independent Liquor of New Zealand to take its flagship beer
 Kingfisher Premium Lager Down Under
 
 2005
 
 -UB acquires Chhabria's stake in Herbertsons
 
 -UB acquires Shaw Wallace and has paid total of Rs 1,545 crore for
 it
 
 -UB join hands with Punjab Govt
 
 2006
 -The United Breweries (UB) group, India's largest spirit and beer
 company, is planning to acquire a distillery abroad in its first
 major attempt to go global in the spirit business. 
 
 The group has already started talking to a few distilleries based in
 Europe, but the negotiation closest to fruition is with a distillery
 based in France. The acquisition could happen within a few months.
 The UB group said it is no longer interested in further domestic
 acquisitions. Immediately after the acquisition of its leading
 domestic rival Shaw Wallace, Vijay Mallya, chairman of the group,
 made it clear that he would not be interested in any more
 acquisitions in India because there are not many brands left here
 which would be in harmony with the existing portfolio of the group. 
 
 2007
 -The shareholders approved giving of corporate guarantee upto an
 amount of Rs 280 million in favor of YES Bank on behalf of Empee
 Breweries, a group company, with requisite majority.
 
 -UB Group ended ties with New Zealand-based liquor company,
 Independent Liquor with which it had earlier planned to launch
 several ready-to-drink products in India. The group has decided to
 shift its focus from the ready-to-drink (RTDs) product segment. It is
 said that, one of the reasons to back out from the launch of RTDs
 could be that the group did not see much value in launching these
 products in the country. 
 
 -United Breweries Ltd has informed that the Board of Directors of the
 Company at its meeting held on September 28, 2007, has approved to
 raise funds not exceeding Rs 425 Crore by way of issue of Equity
 Shares to the existing Equity Shareholders of the Company on Rights
 Basis in such ratio and other terms to be decided by the Committee of
 Directors formed for this purpose. The Board has authorized the
 Committee to do all acts, deeds, matters and things that are required
 to be done in connection with the proposed Rights Issue subject to
 such statutory / other approvals as may be required in this regard.
 
 2008
 
 -The company has issued rights in the ratio of 1:9 at a premium of
 Rs.176/- Per Share.
 
 2009
 
 -United Breweries & Heineken Join Hands to Lead Indian Beer Market
Source : Dion Global Solutions Limited
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