Shaw Wallace & Company Limited, abbreviated as SWC, is an Indian liquor company headquartered in the Wallace House in Kolkata, West Bengal.
It was developed in 1886 by Robert Gordon Shaw and Charles William Wallace. It was involved in the production and sales of Indian Made Foreign Liquor (IMFL) (IMFL).
The two major 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.
On 1 April 2008, Shaw Wallace was combined with United Spirits Ltd, an unit of the UB Group.
History
Shaw Wallace & Company Limited was founded in 1886 by Robert Gordon Shaw and Charles William Wallace (1855–1916), both of whom were born in Scotland.
Prior to 1999, SWC was involved in a variety of enterprises, which it sold off as part of a reorganisation effort.
Henkel SPIC acquired Calcutta Chemicals Ltd and Detergents India Ltd in 1999, and the companies merged in 2000.
On March 21, 2005, the UB Group expanded their stake in Shaw Wallace to 54.54 percent, bringing their total ownership to 54.54 percent.
Because Manu Chhabria having passed away three years prior, his wife, Vidya Chhabria, gave her approval to the transaction.
Earlier this year, SABMiller acquired SWC's breweries and beer business. SABMiller is the company that produces Royal Challenge beer, which is mostly sold in the state of Andhra Pradesh.
While Shaw Wallace & Company Ltd recorded a net sales turnover of Rs 1388.5 million (compared to Rs 1155.2 million in 2005–06), a total income of Rs 2321.5 million (compared to Rs 2933.8 million in 2005–06), and profit after tax of Rs 820.7 million (compared to Rs 468.6 million in 2005–06), the company's profit after tax was Rs 820.7 million.
On September 29, 2007, United Spirits and Shaw Wallace director S.R. Gupte said that merger negotiations would shortly begin between the two companies.
The merger was accepted by the Shaw Wallace board of directors a short time afterwards.
Sega Mega Drive
The Sega Mega Drive was distributed in India by Shaw Wallace Electronics, with the goods selling for a total of 18,000 (US$250) per unit.
In April 1994, Sega went into a cooperation with Nintendo in the northern hemisphere.
Shaw Wallace began producing video game consoles in India in the spring of 1995 because Sega wanted to avoid an import charge of 80 percent.
When Maze Marketing (now Mitashi Edutainment) purchased the distribution of Sega products in 1995, it became known as the Sega Distribution Acquisition.
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