Compañía Cervecerías Unidas (CCU) is the largest Chilean brewery and the second in Argentina, as well as the leading company in the production of beverages in Chile. CCU has been the brand of preference for Chileans for many years with respect to beer, beverages, mineral waters, juices, wine and pisco. This is mainly due to constant innovation and the continual launching of new products to satisfy consumer tastes and provide an ample array of alternatives to the public.

In 2007, CCU launched a series of new products complementing its already successful brands. Notable among non-alcoholic drinks were the energy drink, SoBe Adrenaline, Rush, Kem Slice, Lipton Ice Tea (a ready-to-drink tea-based drink offered with lemon, green tea and peach flavorings), plus two new flavors of its Cachantun Mas brand, mineral water with grapefruit and peach flavorings.

In alcoholic drinks, CCU extended its product range with the launching of Sierra Morena rum, Ruta Norte, Campanario Berries Pisco Sour and treble-distilled Control C pisco. With respect to beers, Cristal Black Lager, a black beer, was added to the already ample product range, and the Paulaner brand was launched in Argentina. In wines, the products 35 Sur Sour and 35 Sur Reserva were created. Notable in this area was the purchase of Viña Leyda through an associate company of Viña San Pedro, a CCU subsidiary.

On the production side, CCU’s new pisco plant in Ovalle is already operating, thus reducing freight costs by being closer to Santiago and to the farmers.

A new strategic plan was introduced for the period 2008 - 2010, consisting of six strategic objectives which will define the management of the company’s businesses for the next three years.

In late 2007, CCU signed an important agreement with Nestlé Waters Chile S.A., through which Nestlé acquired 20% of a new company, Aguas CCU Nestlé Chile, which will be responsible for developing the mineral water business in Chile under the brands Cachantun, Porvenir and Glacier. As part of this agreement, Nestlé granted the new company the license to produce Nestlé Pure Life water in Chile. Nestlé also has the possibility to acquire an additional 29% within 18 months from December 2007. In addition, Calaf, an associate company of CCU, purchased the Natur cereals brand.