Nepal Breweries Private Limited (formerly known as ‘United Breweries Nepal Private Limited’) was incorporated in January 1966 as Nepal Brewery Private Limited in Hetauda Industrial District. In 1966, the then known company of Nepal Brewery Company Pvt. Ltd. was making preparations in terms of getting the license, establishing the factory, and organizing the necessary machines.
The company then came into action in 1972 after full preparations were complete. The company has remained open since and has never closed till date. In 1999, a handover took place to the Indian company United Breweries Limited. Next, in 2007, United Breweries was sold and became part of a partnership. One of the partners was Mr. Bhaban Bhatta, Chairman of TBi Group. The company was renamed to Nepal Breweries Pvt. Ltd in July 2008, after which finally in 2011, Mr. Bhatta became, and remains, the sole owner of the company after TBi bought 100% of the shares