UBL becomes a top HEINEKEN operating company, Kingfisher a top 5 global brand
- UBL becomes a top HEINEKEN operating company, Kingfisher a top 5 global brand
Amsterdam, 30 July 2021 Heineken N.V. (HEINEKEN) announces that, following United Breweries Limiteds (UBL) annual general meeting on 29 July 2021, it has obtained control of UBL in India.
- This follows HEINEKENs recent acquisition of additional ordinary shares in UBL on 23 June 2021, taking its shareholding in UBL from 46.5% to 61.5%.
- India offers an exciting long-term growth opportunity as per capita beer consumption is low at 2 litres per annum.
- UBL will be a top HEINEKEN operating company and Kingfisher a top 5 global brand.