Ub Group

The UB radical (United Breweries) Group is a multi-faceted conglomerate with business interests in Beverage Alcohol, Pharmaceuticals, Media, International Trading, Aviation, Fertilizer, Research & Development, and Infrastructure Development. The UB Group was founded by a Scottish gentleman Thomas Leishman in 1915. The familiarity used to manufacture beer at that time and took its initial lessons in manufacturing beer from South Indian based British breweries. In exalted 1947, Vittal Mallya became the companys first Indian director. A year posterior he became the Chairman of the Group. United Breweries came into limelight by manufacturing start beer for the British troops, which was transported in huge barrels. In 1950s and 60s, the meeting expanded rapidly and made several acquisitions. McDowell was added as ace of the Group subsidiaries. This helped UB Group to venture into wines and spirits business. Kingfisher, the Groups closely visible and profitable brand, made its entry in the sixties. Thereafter, the Group moved into agro-based industries and medicines when it acquired Kissan Products and formed a long-term relationship with Hoechst AG of Germany to promote Aventis Pharma. later on Vittal Mallyas death in 1983, his son Vijay Mallya fancied the mantle of the group.

Vijay Mallya inducted professional management and consolidating the Group into individual operational divisions. In 1988, UB Group acquired the global Berger Paints Group with operating companies crosswise four continents. The paints business was divested for significant value in 1996. After India adopted economic liberalization in 1991, the UB Group pertinacious to retain interests in only those businesses that were globally competitive and did not depend upon fiscal tariff protection. Today, UB Group is the third largest manufacturing business of Spirits products in the world. In 2005, the Group entered aviation welkin with the launch of Kingfisher Airlines Limited. With in a short time the airlines has captured an... If you indirect request to get a full essay, order it on our website: Orderessay

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