United Breweries to close Ludhiana brewery unit from June 30

United Breweries Ltd has announced the closure of its Ludhiana brewery unit in Punjab from June 30, following a long-term capacity lease agreement with a contract brewer. The company said beer supply in Punjab and neighbouring states will remain unaffected

New Delhi: United Breweries Ltd on Monday announced the closure of its brewery unit in Ludhiana, Punjab, from June 30 in the wake of a long-term capacity lease agreement with a contract brewing unit.

The company has decided to close its brewery unit situated at C/60, Focal Point, Ludhiana 141010, Punjab, effective June 30, United Breweries Ltd (UBL) said in a regulatory filing.

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“We have entered into a long-term capacity lease agreement with a contract brewing unit, thereby securing the supply of the company’s beer in Punjab and neighbouring states, including Delhi,” it said.

UBL further said the long-term lease will play a key role in meeting future demand efficiently and sustainably through enhanced operations within Punjab.

“The closure of the Ludhiana brewery will not impact our business performance in the state,” it said, adding that the company is also committed to taking all necessary and responsible steps to support its employees and workmen through this transition.

The said closure is pursuant to intimation made to the Excise Department of Punjab on May 18, UBL said.