United Breweries Group
Indian conglomerate / From Wikipedia, the free encyclopedia
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United Breweries Holdings Limited (UBHL), also called UB Group, is the Indian subsidiary of Heineken N.V.. Is headquartered in UB City, Bangalore, Karnataka. Its core business includes beverages and investments in various sectors. The company markets beer under the Kingfisher brand, and owns various other brands of alcoholic beverages. United Breweries is India's largest producer of beer.[3]
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Company type | Private |
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Industry | Conglomerate |
Founded | 1857; 167 years ago (1857) |
Headquarters | , India |
Area served | Worldwide |
Key people | Vivek Gupta (MD & CEO) |
Products | |
Brands | Kingfisher London Pilsner |
Revenue | ₹7,549 crore (US$950 million) (2023)[1] |
₹403 crore (US$50 million) (2023) | |
₹304 crore (US$38 million) (2023) | |
Total assets | ₹6,280 crore (US$790 million) (2023) |
Total equity | ₹3,965 crore (US$500 million) (2023) |
Owner | Heineken |
Number of employees | 50,000 (2017)[2] |
Subsidiaries |
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Website | www |
United Breweries now has greater than a 40% share of the Indian brewing market with 79 distilleries and bottling units around the world. In 2005, UB financed a takeover of the spirits business of the rival Shaw-Wallace company, giving it a majority share of India's spirits business.[4] The group no longer owns the Mendocino Brewing Company in the United States.