Carlton & United Breweries

Carlton & United Breweries is an Australian brewing company based in Melbourne. 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.[2][3] 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.[4]

Carlton & United Breweries
IndustryAlcoholic beverage
Founded1903 (1903)
HeadquartersMelbourne, Victoria, Australia
Key people
Peter Filipovic
(CEO) [1]
ProductsBeer
ParentAsahi Breweries
Carlton breweries in 1886

CUB produces many of Australia's most successful beverages, including one of Australia's highest selling beers, Victoria Bitter.[5]

In December 2011, SABMiller acquired Foster's Group, and took over ownership of Carlton & United Breweries as part of the acquisition.[6] Subsequently in October 2016, CUB was included in the purchase of SABMiller by Anheuser-Busch InBev.[7] SABMiller ceased trading on global stock markets[8][9] and as a result, Carlton & United was then owned by Anheuser-Busch InBev.[10]

In July 2019, Asahi Breweries agreed terms to purchase Carlton & United Breweries with the Foreign Investment Review Board approving the deal in May 2020.[11][12]

History

Carlton Dry Bottle

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.[13][14] 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.

In 1983, CUB was wholly bought by Elders IXL, a giant Australian diversified conglomerate with pastoral, financial, materials, and food interests. Elders Brewing Group (as it then became known as) continued to acquire brewing companies in the United Kingdom, Canada and the United States. In 1990 Elders Brewing Group changed its name to Foster's Group, to reflect the name of their most internationally recognised product.

In July 2004, Carlton & United Breweries changed its name to Carlton & United Beverages (retaining CUB acronym), citing the company's diversification into pre-mixed drinks, juices, ciders and non-alcoholic drinks.[3][15]

In February 2009, Foster's announced the outcomes of a review of its global wine business, including the decision to separate the Australian Wine division from the Australian Beer, Cider & Spirits (BCS) division, and rename BCS to Carlton & United Breweries.[4]

In mid-June 2016 CUB made the controversial decision to lay off 55 workers (mostly electricians and fitters) before inviting those same workers to reapply for their old jobs on individual contracts involving stripped conditions, clauses and significant pay cuts (the workers are suggesting a 65 per cent wage cut once penalty rates and other entitlements are factored in).[16]

SABMiller, CUB's global owner, responded to criticisms from the union movement that its action was not illegal as it has no direct contractual relationship with the maintenance crews that were laid off. Rather, it has a contractual relationship with one subcontractor and the action constitutes the "passing" of a contract to another, which has the prerogative to set pay and conditions of workers at its own discretion. SABMiller have made no comment regarding the lower pay and poorer conditions offered to workers.

Carlton Draught (bottle 375mL)

The decision generated considerable poor publicity for CUB, with a widespread social media campaign as well as union efforts to highlight the workers' plight, who argue the brewer has conducted a "transmission of business"[17] manoeuvre. Several pubs in Victoria have stopped selling CUB products in support of the sacked workers.[18]

In July 2019, Asahi Breweries agreed terms to purchase Carlton & United Breweries with the transaction completed in May 2020 after being cleared by the Australian Competition & Consumer Commission and Foreign Investment Review Board.[19][20]

Products

After the takeovers by SABMiller and then Anheuser-Busch InBev, CUB distributed their international brands such as Aguila, Corona Extra, Stella Artois, Beck's, Budweiser, Hoegaarden, Leffe and Leffe Radieuse.[21]

Beer [21] Style ABV Hops etc.
Abbotsford Invalid Stout Stout 5.2%
Alpha Pale Ale Ale 5.2% Cascade
Beez Neez Wheat Braggot 4.7%
Carlton Black Ale 4.4% Pride of Ringwood
Carlton Cold Lager 3.5% Label changes colour when cold
Carlton Draught Lager 4.6%
Carlton Dry Lager 4.5%
Carlton Dry Lime Lager 4.0% Made with lime
Carlton Midstrength Lager 3.0%
Carlton Zero 0%
Cascade Bitter Lager 4.4%
Cascade Draught Lager 4.7%
Cascade Pale Ale Ale 5.0%
Cascade Premium Light Lager 2.4%
Cascade Stout Stout 5.8%
Crown Golden Ale Ale 4.5% Galaxy
Crown Lager Lager 4.9% Pride of Ringwood
Dogbolter Dark Lager Dunkel 5.2% Hersbrucker
Fat Yak Ale 4.7%
Foster's Lager Lager 4.9% Pride of Ringwood
Foster's Light Ice Lager 2.3%
Great Northern Super Crisp Lager 3.5%
Lazy Yak Ale 4.2%
Melbourne Bitter Lager 4.6% Pride of Ringwood
Power's Gold Lager 3.0%
Pure Blonde Premium Mid Lager 3.0%
Pure Blonde Ultra Low Carb Lager 4.2% Hersbrucker
Redback Wheat Beer 4.7% Saaz and Pride of Ringwood
Reschs Pilsener 4.4%
Sheaf Stout Stout 5.7% originally by Tooth and Co.
VB Gold Lager 3.5%
Victoria Bitter Lager 4.9%
Wild Yak Ale 4.2%
Cider [22] ABV
Bulmers Original 4.7%
Bulmers Pear 4.7%
Dirty Granny 5.5%
Mercury Genuine Draught 5.2%
Mercury Medium Sweet 5.5%
Mercury Special Dry 5.5%
Strongbow Classic Apple 5%
Strongbow Classic Pear 5%
Strongbow Dry 5%
Strongbow Lower Carb 5%
Strongbow Sweet 5%
Strongbow Blossom Rosé 8.2%
Spirits [23] ABV
Akropolis Ouzo 37%
The Black Douglas 40%
Cougar Bourbon 37%

See also

References

Citations

  1. "NEW CUB CHIEF EXECUTIVE OFFICER AND EXECUTIVE CHAIRMAN | Carlton & United Breweries (CUB)". cub.com.au.
  2. History of Carlton & United Breweries, AustralianBeers.com. Accessed 2009-10-10.
  3. "ASX Announcement - CUB Name Change". Fosters.com.au (Press release). 1 July 2004. Archived from the original on 15 November 2008.
  4. Foster's announces the outcomes from its wine review, ASX announcement 17 February 2009, Media Centre, fosters.com.au. Accessed 2009-10-10.
  5. Greenblat, Eli (28 March 2013). "VB regains crown as nation's favourite beer". The Sydney Morning Herald.
  6. "Archived copy". Archived from the original on 11 January 2012. Retrieved 22 January 2012.CS1 maint: archived copy as title (link)
  7. "Company Overview of SABMiller Limited". Bloomberg. Bloomberg. 14 November 2016. The company was formerly known as South African Breweries plc and changed its name to SABMiller plc in July 2002.
  8. Dill, Molly (10 October 2016). "Anheuser-Busch to complete acquisition of SABMiller today". BizTimes. BizTimes Media LLC. Retrieved 31 January 2017.
  9. Nurin, Tara (10 October 2016). "It's Final: AB InBev Closes On Deal To Buy SABMiller". Forbes. Forbes. Retrieved 1 February 2017. SABMiller ceased trading on global stock markets last week
  10. Carter, Bridget (2 December 2015). "AB Inbev and Asahi held Foster's talks". The Australian. Retrieved 3 February 2017.
  11. Bartholomeusz, Stephen (22 July 2019). "Asahi's $16b deal completes a 30-year dalliance with CUB". The Sydney Morning Herald. Retrieved 8 May 2020.
  12. "Asahi's last hurdle cleared as details of tap contracts emerge". Brews News. 8 May 2020. Retrieved 8 May 2020.
  13. Moloney, John. (1987) The Penguin bicentennial history of Australia: The story of 200 years, New York: The Viking Press, p. 219.
  14. G. P. Walsh. (1988) 'Resch, Emil Karl (1860 - 1930)', Australian Dictionary of Biography, Volume 11, Melbourne University Press, pp. 365366.
  15. Smedley, David (1 July 2004). "CUB announces name change". Hospitality Magazine. Archived from the original on 7 April 2016.
  16. Toscano, Nick (12 July 2016). "Carlton United Breweries: Staff picket CUB factory as sackings stall beer production". The Sydney Morning Herald.
  17. https://www.aph.gov.au/binaries/library/pubs/bd/2001-02/02bd163.pdf
  18. Toscano, Nick. "'I'm not drinking it now': VB on the nose as pubs join fight for brewery jobs". The Age. Fairfax Media. Archived from the original on 23 September 2016.
  19. "Japanese Beer Company Asahi Buy Carlton & United Breweries In Huge Multi-Billion Deal". 10 daily. 19 July 2019. Retrieved 19 July 2019.
  20. Asahi Group Holdings - Carlton & United Breweries (owned by Anheuser Busch InBev SA/NV) Australian Competition & Consumer Commission 1 April 2020
  21. "Beer - Carlton & United Breweries (CUB)". Retrieved 24 November 2017.
  22. "Cider - Carlton & United Breweries (CUB)". Retrieved 21 January 2017.
  23. "Spirits - Carlton & United Breweries (CUB)". Retrieved 24 November 2017.

Sources

  • Deutsher, Keith M. (2012). The Breweries of Australia (2nd ed.). Glebe, NSW: Beer & Brewer Media. ISBN 9780987395214.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.