03 May, 2006

Chile & Argentina: CCU is planning to invest US$ 130 million

CCU (Compañía Cervecerías Unidas S.A.) has recently announced it is planning to carry out investments of about US$ 130mn (EUR 105.84mn) in order to achieve more production of beer and soft drinks in Chile and Argentina.

As a company owned by Luksic group and Heineken, CCU estimates to address US$ 100mn investments in Chile and US$ 30mn in Argentina. Within the aim to increase pisco production, US$ 20mn will be spent in Chile. US$ 15mn to expand the firm’s mineral waters plant in Coinco, as it was made known to the public on the 1st of May 2006.

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