Company description

CCU, also known as Compañía Cervecerías Unidas, is a Chilean-based company that operates in the beverage and entertainment industry. The company was established in 1902 and has since grown to become one of the largest brewers and distributors of beer, wine, and spirits in South America. CCU is currently listed on the New York and Santiago stock exchanges under the ticker symbol CCU, with over 10,000 employees and a market cap of over $10 billion. CCU's primary focus is on producing and distributing popular beer brands such as Heineken, Budweiser, and Amstel, as well as wines and spirits under the labels Santa Carolina and Finca Las Moras. The company also operates in the entertainment sector, managing and operating over 60 restaurants and pubs, as well as several casinos and hotels. With a strong presence in Chile, Argentina, Uruguay, and Paraguay, CCU continues to expand its market reach both domestically and internationally through mergers and acquisitions. The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact, promote responsible consumption, and support local communities. With its long-standing history, diverse portfolio of products, and commitment to growth and sustainability, CCU has established itself as a leading player in the beverage and entertainment industry in South America.