CUB Management decided to close the Broadway site in 2003, with one of the reasons given being that it was a "large island of industry stranded in Sydney's central residential revival" that was happening in nearby Chippendale. The company demolished all of the existing Kent Brewery buildings on this site, except for one. In 1990 Elders Brewing Group changed its name to Foster's Group, to reflect the name of their most internationally recognised product. Elders Brewing Group (as it then became known as) continued to acquire brewing companies in the United Kingdom, Canada and the United States. In 1983, CUB was wholly bought by Elders IXL, a giant Australian diversified conglomerate with pastoral, financial, materials, and food interests. Further acquisitions were the Ballarat Brewing Company, Queensland Brewery Ltd, Thos McLauchlin & Co Pty Ltd, Richmond Brewery and Tooth & Co. 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. The company became public in 1913 with the issue of 100,000 shares. Resch also went on to become the first general manager of CUB. Emil Resch played a significant role in enabling the amalgamation. The six breweries - along with another two (Melbourne Brewery and Distillery Pty Ltd and Coghlan and Tulloch's Ballarat Brewing Co Ltd) - had formed a cartel known as the Society of Melbourne Brewers in 1903. History Bottle of Victoria Bitter Carlton Dry BottleĬarlton and United Breweries was formed in 1907 with the merger of six major Australian breweries: Carlton Brewery, Castlemaine Brewery Company (Melbourne), Foster Brewing Company, McCracken's City Brewery, Shamrock Brewing and Malting Company and Victoria Brewery. In July 2019, Asahi Breweries agreed to purchase CUB, with the Australian Competition & Consumer Commission and Foreign Investment Review Board approving the deal in May 2020. SABMiller ceased trading on global stock markets and as a result, Carlton & United was then owned by Anheuser-Busch InBev. Subsequently, in October 2016, CUB was included in the purchase of SABMiller by Anheuser-Busch InBev. In December 2011, American multinational SABMiller acquired Foster's Group, and took over ownership of Carlton & United Breweries as part of the acquisition. In February 2009, CUB announced the decision to separate the Australian Wine division from the Australian Beer, Cider & Spirits (BCS) division, and rename BCS to Carlton & United Breweries. In 1990, Elders IXL was renamed Foster's Group, and in July 2004, Fosters Group changed its name to Carlton & United Beverages. In 1983 it became a wholly owned subsidiary of Elders IXL and CUB was delisted from the stock exchange. It first expanded outside Victoria in 1931 and acquired a number of other brewing companies over the following decades. Its notable brands include Victoria Bitter, Carlton Draught, Foster's Lager, Great Northern, Resch's, Pure Blonde and Melbourne Bitter.ĬUB was established in 1907 as a merger of six existing breweries with Carl Pinschof as chairman and became a public company in 1913. Carlton & United Breweries ( CUB) is an Australian brewing company based in Melbourne and owned by Japanese conglomerate Asahi Breweries.
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