United Breweries
Indian conglomerate United Breweries Holdings Ltd (UBHL), popularly known as the UB Group, has its headquarters in UB City in Bangalore, Karnataka. Beverages and investments in many industries make up its main business. The business also owns a number of other alcoholic beverage brands and sells beer under the Kingfisher name. The biggest brewer in India is United Breweries.
With 79 distilleries and bottling facilities located all over the world, United Breweries presently holds a market share of more than 40% in the Indian brewing industry. In order to gain control of the majority of the Indian spirits market, UB funded the acquisition of the competitor Shaw-Wallace company's spirits division in 2005. The Mendocino Brewing Company in the US is no longer owned by the organization.
United Breweries' market capitalization as of March 2023 is $4.67 billion. United Breweries is now the 2463rd most valuable company in the world according to market cap. The most recent financial reports for United Breweries indicate that the business's current revenue (TTM) is $0.90 B. The company generated $0.74 billion in revenue in 2021, an increase from $0.52 billion in revenue in 2020.
Founded: 1857
Headquarter: UB City, Bangalore, Karnataka, India
Market cap: $4.67 Billion
Revenue in 2022 (TTM): $0.90 B
Website: www.unitedbreweries.com