United Breweries Ltd
United Breweries Ltd Company History
United Breweries is primarily engaged in the manufacture, purchase and sale of beer and non-alcoholic beverages.
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.
2003
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
2004
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
2005
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.
Company has splits its Face value of Shares from Rs 10 to Re 1
2006
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.
2007
2008
The company has issued rights in the ratio of 1:9 at a premium of Rs.176/- Per Share.
2008
2009
United Breweries & Heineken Join Hands to Lead Indian Beer Market
2009
2010
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.
2010
2011
United Breweries Ltd declares increase in net sales by 37.88%.
United Breweries announces successful placement of Treasury Stock.
2011
2012
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.
2012
2013
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 Heineken.
2013
2014
United Breweries Ltd - Acquisition of Brewery Assets located at Shahjahanpur, District Alwar, Rajasthan. The acquisition is subject to due diligence and securing necessary approvals.
2014
2016
United Breweries enters the Ready to Drink segment with Kingfisher Buzz
2016
2017
New Product Launch-"Kingfisher-Storm".
2017
2018
United Breweries Limited has announced the launch of the iconic Dutch beer brand AMSTEL,
United Breweries Limited s forayed into new line business viz., non-alcoholic beverages segment with the launch of Kingfisher RadlerÂ
2018
2019
United Breweries Limited growth continues to lead the industry, strengthening its market position.
United Breweries Limited saw significant volume growth in Rajasthan and Haryana.
2019
2020
United Breweries Limited has pro actively focused on health & safety measures for its employees
The Company launched Kingfisher Ultra Witbier
2020
2022
United Breweries launched new brand variant viz., ''Heineken® Silver'' in the ''Premium Beer'' category.
2022
2023
Company has launched a new product i.e. Heineken Silver Draught Beer.
2023