Carlton & United Breweries
| Industry | Alcoholic beverage |
|---|---|
| Founded | 1903 |
| Headquarters | Melbourne, Victoria, Australia |
| Products | Beer |
| Parent | SABMiller |
| Website | cub |
Carlton & United Breweries is an Australian brewing company based in Abbotsford, a suburb of Melbourne, Victoria. In 1983 it became a wholly owned subsidiary of Elders IXL and CUB was delisted. In 1990, Elders IXL was renamed as Foster's Group, and in July 2004, CUB changed its name to Carlton & United Beverages. In February 2009, Foster's announced the decision to separate the Australian Wine division from the Australian Beer, Cider & Spirits (BCS) division, and rename BCS to Carlton & United Breweries.
CUB produces many of Australia's most successful beverages, including Australia's best selling beer, Victoria Bitter.
In December 2011, South African owned brewer SAB Miller acquired Foster's Group, and took over ownership of Carlton & United Breweries as part of the acquisition.
The history of Carlton & United Breweries / Beverages or CUB began when Carlton, Fosters, Victoria, Shamrock, Castlemaine and McCracken breweries formed into a cartel known as the Society of Melbourne Brewers in 1903. Emil Resch played a significant role in enabling the amalgamation. Resch also went on to become the first general manager of CUB. The merge allowed CUB to raise prices and remain profitable in what had been an unprofitable market. In 1907 this group merged into a single company known as the Carlton & United Breweries. The company became public in 1913 with the issue of 100,000 shares.
Over time it has bought out many other brewers, such as Abbotsford Co-operative Brewery in 1924 (a company set up by independent hoteliers to combat the anti-competitive nature of the Society of Melbourne Brewers.) Their first interstate acquisition was Northern Australian Breweries and the Cairns Brewery in 1931. Further acquisitions were the Ballarat Brewing Company, Queensland Brewery Ltd, Thos McLauchlin & Co Pty Ltd, Richmond Brewery and Tooth & Co.
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