History
Carlton and United Breweries was formed in 1904 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. 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. Emil Resch played a significant role in enabling the amalgamation. Resch also went on to become the first general manager of CUB.[11][12][13][14] 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 1985, CUB purchased the Tooth and Co. site on Broadway in Sydney. The company demolished all of the existing Kent Brewery buildings on this site, except for one. 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. In 2007, the site was sold and redeveloped into the Central Park precinct containing office blocks, shopping centre, a boutique hotel known as The Old Clare Hotel[15] and the heritage brewery yard buildings underwent an extensive refurbishment.[16]
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.[17][18]
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.[19]
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).[20]
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. 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"[21] manoeuvre. Several pubs in Victoria have stopped selling CUB products in support of the sacked workers.[22]
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.[23][24]