Overview
United Breweries Holdings Limited (UBHL) or UB Group is an Indian conglomerate company 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. It also launched Kingfisher Airlines, an airline in India whose operation has been halted after problems in 2014 that led to its licence being revoked by the DGCA.[3] United Breweries is India's largest producer of beer.[4] The company chairman is Vijay Mallya, who left India on 2 March 2016, allegedly to escape legal action by Indian banks to whom he owes some ₹9,000 crore (US$1.2 billion) in loans. 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.[5] The group also owns the Mendocino Brewing Company in the United States.
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