Business Context and Reporting Period
Company: Compañía Cervecerías Unidas S.A. (United Breweries Company, Inc.)
Reporting Period: Material Event dated June 5, 2026
Business Overview: A multi-category beverage company operating in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay. Key categories include beer, soft drinks, water, wine, and spirits. The company holds significant market positions in Chile and Argentina and maintains licensing agreements with major global brands including Heineken, PepsiCo, and Nestlé.
Key Financial Metrics
This filing reports a specific material transaction rather than periodic financial results. Consequently, standard metrics such as revenue, profit, cash flow, margins, and debt levels for the reporting period are not provided in this document.
| Metric | Value |
|---|---|
| Transaction Enterprise Value (100%) | CLP 322,377 million (approx.) |
| Purchase Price (49.9% stake) | CLP 164,597 million (approx.) |
| Transaction Basis | Cash-free and debt-free |
Material Changes
- Acquisition of Remaining Stake: On June 5, 2026, CCU executed a Share Purchase Agreement to acquire the 49.9% equity interest held by Nestlé Chile S.A. in the joint venture "Aguas CCU-Nestlé Chile S.A."
- Ownership Structure: Following the transaction, CCU became the direct and indirect owner of 100% of the share capital of Aguas CCU-Nestlé, a subsidiary focused on the water industry in Chile.
- Strategic Continuity: CCU will maintain its commercial relationship with Nestlé for the distribution of ready-to-drink products in the water and coffee-based beverage markets in Chile.
Outlook, Risks, and Management Commentary
- Financial Impact: Management states that as of the filing date, it is not yet possible to determine the definitive financial effects of the transaction on CCU's assets, liabilities, or results. These effects will be reported timely to the market.
- Adjustments: The purchase price is subject to typical transaction adjustments.
- Regulatory Status: The information was previously reported as a confidential material event on May 7, 2026, and is now publicly disclosed.
Investor Verification Checklist
- Verify the final adjusted purchase price once the transaction closing adjustments are finalized.
- Monitor future filings for the definitive impact on CCU's balance sheet and consolidated results.
- Confirm the terms of the ongoing distribution agreement with Nestlé for water and coffee-based beverages.
- Review the integration plan for the newly 100% owned Aguas CCU-Nestlé subsidiary.