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
-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.
-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
-UB acquires Chhabria's stake in Herbertsons
-UB acquires Shaw Wallace and has paid total of Rs 1,545 crore for
-UB join hands with Punjab Govt
-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.
-Company has splits its Face value of Shares from Rs 10 to Re 1
-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.
-The company has issued rights in the ratio of 1:9 at a premium of
Rs.176/- Per Share.
-United Breweries & Heineken Join Hands to Lead Indian Beer Market
-United Breweries Limited (UBL) launched its Kingfisher Ultra beer-
made from the finest malt and hops- in the national capital market.
-Mr. Stephan Gerlich has been appointed as an additional Director on
the Board of the Company.
-United Breweries Ltd declares increase in net sales by 37.88%.
-United Breweries announces successful placement of Treasury Stock.
-United Brew - Kingfisher achieves the historic milestone of 100
million cases in FY.
-Vijay Mallya-led leading brewer United Breweries Ltd (UBL) has
created a new designation of joint president in the company.
-Mr. Henricus Petrus van Zon has been nominated by Heineken as his
replacement as Chief Financial Officer.
- UBL - Kingfisher brand not pledged to any lender:
- UBL has informed that the Hon'ble High Court of Karnataka has
approved the Scheme of Amalgamation between Scottish & Newcastle
India Private Ltd. and United Breweries Ltd..
- UBL - Subsidiary of UB Group inks 1mn pound loan agreement with
- United Breweries Ltd - Acquisition of Brewery Assets located at
Shahjahanpur, District Alwar, Rajasthan. The acquisition is subject
to due diligence and securing necessary approvals.
-United Breweries enters the Ready to Drink segment with Kingfisher
-New Product Launch-Kingfisher-Storm.