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United Spirits > Company History > Breweries & Distilleries > Company History of United Spirits - BSE: 532432, NSE: MCDOWELL-N

United Spirits

BSE: 532432  |  NSE: MCDOWELL-N  |  ISIN: INE854D01016  |  Breweries & Distilleries

Company History - United Spirits
2002
 
 -McDowell Alcobev becomes the wholly owned subsidiary of the
 company.
 
 -UB group gives a new look to No.1 McDowell's, itsflagship in the
 prestige segment of the whisky market.
 
 -Mr B M Labroo inducted as the member on the audit committee of the
 Directors of the company.
 
 -Forges alliances with US, Australia and French Cos. for bulk wine
 import.
 
 -Company pulled out from buying out the Gilbey brands and
 manufacturing operations in India.
 
 -High court refuses to grant interim relief to the company in the
 court battle with Shaw Wallace & Co.
 
 -Phipson Distilley becomes a wholly owned subsidiary of McDowell &
 Co.
 
 -Acquires 85% equity stake of Truimph Distilleries & Vinters Pvt
 Ltd.
 
 -Truimph Distilleries and Vinters becomes a subsidiary of McDowell.
 
 -In the wake of acquisition of Gibley's Green Lable Whisky , company
 decided to refrain from any more acquisitions.
 
 2003
 
 -Rolls out its new Whisky brand, 'Derby Special Whisky' in Andhra
 Pradesh Market.
 
 -Forges alliance with Newzealand Co called Independent Liquor to
 pursue an agressive growth strategy in the ready-to-drink segment.
 
 -Increases its exposure in Indian as well as in Hollywood films.
 
 -No 1 Celebration rum crosses sales over 3 million during the year.
 
 -Fire broke in the Finished goods godown at Rosa Distillery.
 
 -McDowell Alcobev makes open offer to acquire 25% stake in Intertia
 Industries.
 
 -McDowell and Company soars 9.18% to Rs.49.35 on offer for
 Herbertsons.
 
 -McDowell  & Phipson makes counter offer to buy out 45.2 % equity in
 Herbertsons Ltd., priced at Rs.200 a share.
 
 -Mohun Bagan Athletic Club entangled into a fresh tiff with its
 sponsor McDowell.
 
 -McDowell unleash new Vodka
 
 2004
 
 -McDowell & Company Ltd has informed that Mr Adi Burjor Godrej has
 resigned from the BoD of the Company.
 
 - McDowell & Co launches Old Cask Rum, in the Karnataka market.
 
 -McDowell unveils `Signature` in TN market
 
 
 2007
 
 -United Spirits Ltd has appointed Mr. Sudhindar Krishan Khanna as an
 Additional Director of the Company with effect from June 01, 2007
Source : Religare Technova

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