Who owns Escudo?
Escudo is owned by CCU (Chile, NYSE: CCU).[1]
Evidence: Compañía Cervecerías Unidas S.A. Annual Report on Form 20-F filed 2026-04-29, SEC EDGAR, 29 April 2026. Verified from filings; last checked .
Key facts
- Current owner
- Compañía Cervecerías Unidas S.A. verified
- Owner HQ
- 🇨🇱 Chile, Santiago
- Origin
- 🇨🇱 Chile
- Founded
- 1942
- Category
- Beverages › Beer › Lager
- Parent ticker
- NYSE: CCU
- Last verified
- · 2 sources
About Escudo
Escudo is the second of the two mainstream beers CCU owns outright in Chile and names as its best-selling parent brands. Mainstream beer made up 49% of the company's Chilean beer volume in 2025, down from 53% two years earlier, as Chilean drinkers moved steadily into premium brands that now account for almost half the market.
What CCU's annual report says about Escudo
Sentences about Escudo from CCU's latest annual filing[1], copied word for word.
Our brands Cristal and Escudo are the best-selling proprietary parent beer brands in Chile.
How often CCU names Escudo in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central.
Ownership timeline of Escudo
Where Escudo sits in CCU
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- Austral (50%)
- Bilz y Pap
- Cachantún (50.1%)
- Cristal
- Escudo
- Gato Negro (85.15%)
- Graffigna (85.15%)
- Isenbeck
- Kunstmann
- Levité (50.1%)
- Manantial
- Mistral (80%)
- Palermo
- Royal Guard
- Schneider
- Sidra Real
- Villavicencio (50.1%)
- Viña Tarapacá (85.15%)
Open the full CCU ownership tree →
See the full CCU brand portfolio (18) →
Other brands owned by CCU
CCU controls 18 brands on Brandtree, 18 of them in beverages.
Also in beverages
- Austral
- Bilz y Pap (1905)
- Cachantún (1920)
- Cristal (1978)
- Gato Negro
- Graffigna (1870)
- Isenbeck
- Kunstmann (1989)
- Levité
- Manantial
- Mistral
- Palermo (1897)
- Royal Guard (1974)
- Schneider
- Sidra Real
- Villavicencio (1904)
- Viña Tarapacá (1874)
Other brands in lager, and who owns them
The 200 brands in lager on Brandtree belong to 55 owners. The largest is AB InBev, with 17; CCU has 6.
| Brand | Owner | Owner based in |
|---|---|---|
| Aguila | AB InBev | 🇧🇪 Belgium |
| 33 Export | Heineken | 🇳🇱 Netherlands |
| Allsopps | EABL | 🇰🇪 Kenya |
| Asahi Super Dry | Asahi Group | 🇯🇵 Japan |
| 333 | ThaiBev | 🇹🇭 Thailand |
| Cabro | Cervecería Centro Americana | 🇬🇹 Guatemala |
| Beermix | Obolon | 🇺🇦 Ukraine |
| Bomonti Filtresiz | Anadolu Efes | 🇹🇷 Turkey |
About the owner: CCU
CCU is a publicly listed company headquartered in Santiago, Chile, founded in 1902. Brandtree records 18 brands under its control, and it is listed as NYSE: CCU.
Compañía Cervecerías Unidas is a Chilean multi-category beverage company whose oldest predecessor was the brewery Joaquín Plagemann opened in Valparaíso in 1850; the present company was organised by public deed in January 1902 out of a merger of two breweries. It sells beer, soft drinks, bottled water, wine, pisco, rum and cider in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay, and reported more than 180 brands when it marked its 175th anniversary in 2025. Chile produces roughly two-thirds of its sales. Its controlling shareholder, IRSA, holds 65.87% of the company and is itself split evenly between Quiñenco and Heineken.
🇨🇱 Escudo and other Chilean brands
Brandtree records a controlling owner for 69 brands that began in Chile. 8 of them (12%) are now controlled by a company headquartered in another country; Escudo is not one of them.
- Almaviva — Concha y Toro 🇨🇱
- Carmen — Viña Santa Rita 🇨🇱
- Chateau Los Boldos — Sogrape 🇵🇹
- Guallarauco — Coca-Cola Andina 🇨🇱
- Indomita — Changyu 🇨🇳
- Santa Carolina — Watt's 🇨🇱
Frequently asked questions
Who is the parent company of Escudo?
The parent company of Escudo is CCU, a publicly listed company headquartered in Chile.
Is Escudo Chilean?
Yes. Escudo originated in Chile in 1942 and its owner, CCU, is also headquartered in Chile.
Is Escudo still owned by CCU?
Yes. As of 29 October 2026, Escudo is still owned by CCU. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Compañía Cervecerías Unidas S.A. Annual Report on Form 20-F filed 2026-04-29 — SEC EDGAR, SEC Form 20-F, published 29 April 2026; retrieved 16 September 2026.
- [2] CCU: Nuestra historia — hitos y productos históricos — Compañía Cervecerías Unidas S.A., Official document; retrieved 27 September 2026.
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