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United Breweries

#2557

Rank

$4.85B

MarketCap IN

IN India

Country

Summary
United Breweries Limited manufactures, purchases, and sells beer and non-alcoholic beverages in India and internationally. It offers its products under the Kingfisher Premium, Kingfisher Strong, Kingfisher Ultra, Kingfisher Ultra Max, Kingfisher Ultra Witbier, Kingfisher Radler, Amstel Malt Classic, Kingfisher Storm, Kingfisher Blue, Heineken, Amstel Bier, Sol, Affligem, Edelweiss, Desperados, Bullet, Cannon 10000, Zingaro, Kalyani Black Label, UB Export, London Pilsner, London Pilsner Strong, Taj Mahal Premium, UB Bullet, UB Export Strong, Flying Horse Royal, Kalyani Black Super Strong, Kingfisher Extra Strong, Maharaja Premium Indian Pilsner, and UB Export Premium brand names. The company also licenses its brands; and offers contract manufacturing services. United Breweries Limited was founded in 1915 and is based in Bengaluru, India. United Breweries Limited operates as a subsidiary of Heineken N.V.

History

The UB Group was founded by a Scotsman, Thomas Leishman, in 1915, when he brought together Castle Brewery and Nilgiris Breweries , Bangalore Brewing Co. , British Brewing Corp. and BBB Brewery Co. Ltd. . The Group took its initial lessons in manufacturing beer from South India based British Breweries.

At the age of 22, Vittal Mallya was elected as the company's first Indian director in 1947. After a year, he replaced R. G. N. Price as the chairman of the company.

United Breweries made its initial impact by manufacturing bulk beer for the British troops before independence, which was transported in huge barrels or "Hogsheads". Kingfisher, the group's most visible and profitable brand, made a modest entry in the sixties. During the 1950s and 60s, the company expanded greatly by acquiring other breweries. First was the addition of McDowell as one of the Group subsidiaries, a move which helped United Breweries to extend its portfolio to wines and spirits business. Strategically, the Group moved into agro-based industries and medicines when Mallya acquired Kissan Products and formed a long-term relationship with Hoechst AG of Germany to create the Indian pharmaceutical company now known as Aventis Pharma, the Indian subsidiary of the global pharma major Sanofi-Aventis.

UB Group has had some relationship with United Spirits Limited, which is now majority-owned by Diageo.

The conglomerate was headed by Vijay Mallya, who left India on 2 March 2016, allegedly to escape legal action by Indian banks to whom he owed an estimated ?9,000 crore in loans. In June 2021, Heineken N.V. bought out Mallya's 15% stake in United Breweries Limited for ?5,825 crore from the Debt Recovery Tribunal. With this, Heineken's stake in the company increased to 61.5%.


Mission
Committed to giving the best times to our patrons

Key Team

Mr. A. V. Ganesh Ramu (Gen. Mang. of Brewing & Technical)

Ms. Shelly Kohli (Chief Legal & Compliance Officer)

Mr. Kiran Kumar (Chief Sales Officer)

Mr. Debabrata Mukherjee (Chief Marketing Officer)

Ms. Tushara Shankar (Head of CSR)

Ms. Kavita Singh (Chief Human Resource Officer)

Mr. Shalabh Seth (Chief Supply Chain Officer)


Recognition and Awards
United Breweries has been awarded numerous awards and accolades, including the FIA World Cup Champion Award, 'Best in Quality and Innovation' award by the Global Quality Foundation, and 'Innovation Excellence Award' by Indian Institute of Food Processing Technology.

References
United Breweries
Leadership team

Mr. Rishi Pardal (CEO, MD & Exec. Director)

Mr. Govind Iyengar (Sr. VP of Legal, Company Sec. & Compliance Officer)

Mr. Radovan Sikorsky (CFO & Director)

Products/ Services
Finance, Food and Beverage, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Bengaluru, Karnataka, India
Established
1857
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
UBL.NS
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