Company History - United Spirits
-United Spirits (UNITDSPR) is the spirits division of the UB Group.
It was originally incorporated as McDowell & Co. in 1999. On the
amalgamation of eight spirit companies into the company including
Herbertsons, Triumph Distillers & Vintnersgot, and Shaw Wallace, the
company got its current name in 2005.
-McDowell Alcobev becomes the wholly owned subsidiary of the
-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
-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 &
-Acquires 85% equity stake of Truimph Distilleries & Vinters Pvt
-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.
-Rolls out its new Whisky brand, 'Derby Special Whisky' in Andhra
-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
-McDowell and Company soars 9.18% to Rs.49.35 on offer for
-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
-McDowell unleash new Vodka
-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
-United Spirits is likely to declare the acquisition of Whyte &
Mackay by January 2007. The deal likely to be valued at 400 million
pounds (around Rs 3500 crore). When this deal culminates, it will be
one of the major acquisitions which Vijay Mallya will have mounted
after his recent Rs 1,300 crore deal to take over arch-rival Shaw
Wallace. The company currently has a net debt of Rs 1,300 crore. The
company will definitely leverage its balance sheet to part-fund this
-Company has changed its name from McDowell & Co. Ltd. to United
- United Spirits Ltd has appointed Mr. Sudhindar Krishan Khanna as an
Additional Director of the Company with effect from June 01, 2007
-The company has introduced rum and whiskey in 90 and 60 ml PET
High-end whiskies single-use packs, in Karnataka and Maharashtra
respectively, on a test basis last week, reports Economic Times.
-The company has said on Dec. 01, 2008 that its board had approved
the merger of Balaji Distilleries, into USL in an all stock deal. The
merger will be effective from Apr. 01, 2009.
-Registered Office of the Company has been shifted From 51, Richmond
Road, Bangalore- 560 025 To 'UB Tower', Level 6, UB City, # 24,
Vittal Mallya Road; Bangalore- 560 001
-United Spirits Ltd sells 90 million cases in 2008-2009; Narrows the
gap to the No 1 position in the global spirits market.
- United Spirits - Acquisition Tern Distilleries Pvt. Ltd.
- United Spirits Clocks Sales Volume of 100 Million Cases to Become
the World's 2nd Largest Spirits Company
- United Spirits Ltd enters into Share Purchase Agreement with
Pioneer Distilleries Ltd
- Merger of Balaji Distilleries Ltd into United Spirits Ltd
- Company has acquired 977,212 Equity Shares of 10/- each of Pioneer
Distilleries Ltd (PDL), representing 7.3% of the paid up capital of
- United Spirits Ltd had acquisition of 41.54 % Equity stake in
Sovereign Distilleries Ltd
- United Spirits acquires 100% ownership in Sovereign Distilleries
- United Spirits confirms stake sale talks with Diageo plc
-Sebi may ask Diageo to modify agreement with UB Group
-United Spirits Ltd Board recommends Dividend
-United Spirits Ltd Diageo completes Tender Offer for 26% of United
-United Spirits Ltd has sanctioned the Scheme of Arrangement (Scheme)
between United Spirits Limited (the Company) and Enrica Enterprises
Private Limited (Enrica)
-United Spirits dedicated Project S.H.E. to its communities in Alwar
- Diageo celebrates 20 year anniversary
- Diageo India collaborates with Institute of Road Traffic Education
for a two days Road Safety Programme in Mohali