Carlton & United Breweries

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 renamed to the Foster's Group, and in July 2004, CUB changed its name to Carlton and 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 Carlton & United Breweries as part of the acquisition.HistoryThe history of Carlton and 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 and United Breweries. The company became public in 1913 with the issue of 100,000 shares.