Shaw Wallace & Company Limited, abbreviated to SWC, is an Indian liquor manufacturer headquartered in the Wallace House in
Kolkata, West Bengal
Kolkata (, or , ; also known as Calcutta , the official name until 2001) is the capital of the Indian state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, commer ...
. It was established in 1886 by Robert Gordon Shaw and Charles William Wallace.
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" Shaw Wallace. Retrieved on 2 November 2011. " Please Send us your Feedback on : Shaw Wallace & Company Ltd. Wallace House 4 ,Bankshall Street Kolkata-700001" It was involved in the production and sales of
Indian Made Foreign Liquor (IMFL). The two biggest brands of SWC were
Royal Challenge whisky and
Director's Special whisky.
In mid-2005, SWC's spirits business was acquired by the
United Breweries Group (UB Group) and its breweries and beer business was acquired by
SABMiller
SABMiller plc was a South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by Anheuser-Busch InBev. Prior to that date, it was the world's ...
. On 1 April 2008, Shaw Wallace was merged with
United Spirits Ltd, a subsidiary of the UB Group.
History
Shaw Wallace & Company Limited was established in 1886 by Robert Gordon Shaw and Charles William Wallace (1855–1916).
Prior to 1999, SWC was into diversified businesses, which it shed as part of a restructuring plan. It 1999, it sold Calcutta Chemicals Ltd and Detergents India Ltd to
Henkel SPIC
AG & Co. KGaA, commonly known as Henkel, is a German multinational chemical and consumer goods company headquartered in Düsseldorf, Germany. It is active in both the consumer and industrial sectors. Founded in 1876, the DAX company is organi ...
.
On 21 March 2005, UB Group increased their ownership of Shaw Wallace to 54.54%. Since Manu Chhabria had died three years earlier, the deal was approved by his widow Vidya Chhabria.
SWC's breweries and beer business was acquired by
SABMiller
SABMiller plc was a South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by Anheuser-Busch InBev. Prior to that date, it was the world's ...
. Royal Challenge beer, which is mainly sold in the state of
Andhra Pradesh, is with
SABMiller
SABMiller plc was a South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by Anheuser-Busch InBev. Prior to that date, it was the world's ...
.
During 2006–07, Shaw Wallace & Company Ltd recorded a net sales turnover of Rs 1388.5 million, (Rs 1155.2 million in 2005–06), total income of Rs 2321.5 million (Rs 2933.8 million in 2005–06), while the profit after tax was Rs 820.7 million (Rs 468.6 million in 2005–06). Director S.R. Gupte announced on 29 September 2007 that merger talks would soon get underway between United Spirits and Shaw Wallace. The merger was later approved by the Shaw Wallace board of directors.
Sega Mega Drive
In India, distribution of the
Sega Mega Drive was handled by Shaw Wallace Electronics, with the products being sold for .
Sega
is a Japanese multinational corporation, multinational video game and entertainment company headquartered in Shinagawa, Tokyo. Its international branches, Sega of America and Sega Europe, are headquartered in Irvine, California and London, r ...
entered the partnership in the northern hemisphere in April 1994. Shaw Wallace started manufacturing consoles in India from spring 1995, because Sega wanted to circumvent an 80% import tariff.
Screen digest
" Screen Digest Ltd.
Screen or Screens may refer to:
Arts
* Screen printing (also called ''silkscreening''), a method of printing
* Big screen, a nickname associated with the motion picture industry
* Split screen (filmmaking), a film composition paradigm in which mu ...
, 1995. Retrieved from Google Books on 2 November 2011. "Sega tackles Indian market with local maker From February 1993, Sega will start manufacturing video games consoles in India with local partner Shaw Wallace. Move will circumvent 80 per cent import tariff on games units which currently .. The distribution of Sega products was acquired by Maze Marketing (now Mitashi Edutainment) in 1995.
References
External links
Shaw Wallace
{{United Spirits
Manufacturing companies based in Kolkata
Food and drink companies established in 1886
Distilleries in India
Indian companies established in 1886
United Breweries Group
Companies listed on the National Stock Exchange of India
Companies listed on the Bombay Stock Exchange