Who is the ownership of Foster’s?
You might be curious about the journey of Foster’s ownership. It’s a story of mergers, acquisitions, and global expansion. Originally, Foster’s was part of the Foster’s Group, an Australian company that had a vast portfolio of alcoholic beverages. In 2011, Foster’s Group was acquired by SABMiller, a multinational brewing giant. However, in 2014, Asahi purchased the Foster’s brand, along with other brands like Peroni and Grolsch, from SABMiller. This acquisition gave Asahi a strong foothold in the global beer market.
The story of Foster’s ownership highlights how international brands can change hands through mergers and acquisitions. It also demonstrates how brands can be licensed to different companies for production and distribution in various regions. The ownership of Foster’s has evolved over the years, reflecting the dynamic nature of the global brewing industry.
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