On the Record · United Breweries
United Breweries competitors, on the record
The companies United Breweries itself names as competitors in its annual reports, 2023 to 2025, each with the sentence it appears in and the filing it came from.
Who United Breweries names
| Company | Named in |
|---|---|
| Cervecería Chile S.A. | 2025 |
| Cervecería y Maltería Quilmes S.A.I.C.A. y G. | 2025 |
| Cooperativa Agrícola Pisquera Elqui Limitada | 2025 |
| Diageo Chile Limitada | 2025 |
| Embonor | 2025 |
| Embotelladora Andina | 2025 |
| Vital Aguas S.A. | 2025 |
| Vital Jugos S.A. | 2025 |
| Viña Concha y Toro S.A. | 2025 |
| Viña Santa Rita S.A. | 2025 |
In its own words
Cervecería Chile S.A.
Word for word“Our largest competitor in the beer business is Cervecería Chile S.A. (a subsidiary of ABI).” 20-F for 2025
Cervecería y Maltería Quilmes S.A.I.C.A. y G.
Word for word“Our main competitors by region are as follows: in Argentina, Cervecería y Maltería Quilmes S.A.I.C.A. y G., in Paraguay, Cervecería Paraguaya S.A., in Uruguay, Fábricas Nacionales de Cerveza S.A., in Bolivia, Cervecería Boliviana Nacional S.A. and in Colombia, Bavaria & Cia S.C.A., all of them subsidiaries of ABI.” 20-F for 2025
Cooperativa Agrícola Pisquera Elqui Limitada
Word for word“Our largest competitor is Cooperativa Agrícola Pisquera Elqui Limitada (“Capel”), which produces pisco locally and imports a number of spirits.” 20-F for 2025
Diageo Chile Limitada
Word for word“We also compete against Diageo Chile Limitada, which imports premium spirits such as Johnnie Walker whiskey and Smirnoff vodka, among others.” 20-F for 2025
Embonor, Embotelladora Andina
Word for word“Thus, the two main players in the carbonated soft drinks beverage business in Chile are Embotelladora Andina and Embonor.” 20-F for 2025
Vital Aguas S.A.
Word for word“Our main competitor in the mineral, purified and flavored water business is Vital Aguas S.A., a subsidiary of Embotelladora Andina and Embonor.” 20-F for 2025
Vital Jugos S.A.
Word for word“Our principal competitor in the juice, iced tea and sport drinks business is also Vital Jugos S.A., a subsidiary of Embotelladora Andina and Embonor.” 20-F for 2025
Viña Concha y Toro S.A., Viña Santa Rita S.A.
Word for word“Thus, VSPT’s biggest competitors in the Chilean domestic market are Viña Concha y Toro S.A. and Viña Santa Rita S.A. (“Santa Rita”).” 20-F for 2025
Read from United Breweries’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-29. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.