Strategic Shift: United Breweries Closes Ludhiana Unit
United Breweries Ltd has announced the closure of its Ludhiana brewery effective June 30. This move follows a long-term capacity lease agreement with a contract brewing unit to secure beer supply in Punjab and neighboring states. The company assures continued support for employees during this transition.
United Breweries Ltd has revealed plans to shut down its brewery in Ludhiana, Punjab, from June 30. The decision comes after entering into a long-term capacity lease agreement with a contract brewing entity.
The agreement ensures a steady supply of beer for Punjab and adjoining regions, including Delhi, according to a regulatory filing. By closing the Ludhiana unit, United Breweries aims to enhance operational efficiency and sustainability within the state.
Despite the closure, the company reassures stakeholders that its business performance in Punjab will remain unaffected. Employees and workers will receive necessary support throughout the transition, as per the company's statement.
(With inputs from agencies.)
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