Carlton and United Beverages
| Industry | Alcoholic beverage |
|---|---|
| Founded | 1903 |
| Headquarters | Melbourne, Victoria, Australia |
| Products | Beer |
| Parent | Anheuser-Busch InBev SA/NV |
| Website | cub |
Carlton & United Breweries (CUB Pty. Ltd.) is an Australian brewing company. It is 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.
Since 10 October 2016 when Anheuser-Busch InBev acquired the entire SABMiller company, the latter - including its subsidiaries such as Foster's Group Pty. Ltd. - has been a business division of Anheuser-Busch InBev SA/NV. SABMiller ceased to exist as a corporation after the acquisition. SABMiller also ceased trading on global stock markets. As a result, Carlton & United is now owned by Anheuser-Busch InBev SA/NV.
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.
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