Company purpose |
- Manufacturing, producing, selling, marketing, importing, and exporting soft drinks, water, juices, ice cream, and dairy products (subject to approval by the Public Authority for Industry).
- Manufacturing, producing, selling, marketing, importing, and exporting tin cans (aluminum) and their lids for soft drinks, water, juices, ice cream, and dairy products (subject to approval by the Public Authority for Industry).
- Manufacturing, producing, selling, marketing, importing, and exporting plastic and glass bottles as well as paper cups for soft drinks, water, juices, ice cream, and dairy products (subject to approval by the Public Authority for Industry).
- Establishing industrial facilities, importing machinery, and equipment for manufacturing purposes for the Group's products (subject to approval by the Public Authority for Industry).
- Manufacturing plastic and wooden pallets to cater to company needs (subject to approval by the Public Authority for Industry).
- Producing plastic lids for paper cups and metal lids for glass, cardboard, and plastic bottles to meet company requirements (subject to approval by the Public Authority for Industry).
- Owning transportation means to support the Group's establishment.
- Acquiring, registering, and renting agencies for products inside and outside Kuwait in line with the group's objectives.
- Investing financial surpluses in managed financial portfolios by specialized entities.
- Owning movable and real estate assets essential to business operations within legal limits.
- Conducting business activities in Kuwait and globally, either directly or through proxies.
- Collaborating or investing in similar businesses that align with the Group's goals in Kuwait or abroad by establishing, participating, purchasing, or affiliating with such entities.
|
Company profile |
United Beverages Company - K.S.C. (c) was founded in Kuwait on February 23, 2000 as a limited liability company (W.L.L) before being converted into a Kuwaiti closed shareholding company (K.S.C.C) on January 30, 2008. The company is registered under Commercial Registration No. 80490 and operates in the food manufacturing, selling, and distribution industry.
As of the financial year ending December 31, 2019, United Beverages has an authorized, issued, and fully paid-up capital of KD 10 million divided into 100 milli) shares with a nominal value of 100 fils per share. Of this capital, KD 8,000,000 (eight million Kuwaiti Dinars) was provided in assets and KD 2,000,000 (two million Kuwaiti Dinars) in cash. |