United Breweries (UB) is planning to expand its manufacturing capacity by about 15% over the coming months. The company will make investments exceeding Rs 1,000 crore over the next four years. The company is setting up two Greenfield breweries -- one near Mysore in Karnataka and the other at Patna in Bihar.
Recently, the company’s promoters increased their stake in the company by 3.22%. The promoters' holding in the company now stands at 74.75%.
United Breweries is maker of Kingfisher beer and Heineken beer in India. Kingfisher is largest selling beer in India that commands 29% of market share. The company has presence in 52 countries.
