Foster's Group

Foster's Group Limited

Company type	Subsidiary
Industry	Beverages
Founded	1888; 136 years ago (1888)
Headquarters	Southbank, Melbourne, Australia
Key people	Ari Mervis, Chief Executive Officer
Products	Victoria Bitter Foster's Lager
Parent	Asahi Group Holdings

Foster's Group Pty. Ltd. was an Australian beer group with interests in brewing and soft drinks, known for Foster's Lager, now called Carlton & United Breweries since the company was renamed in 2011. Foster's was founded in 1888 in Melbourne, Victoria by two American brothers, who sold the brewery a year later.

The company was renamed prior to sale to British-South African multinational SABMiller in 2011. Foster's wine business was split into a separate company, Treasury Wine Estates, in May 2011. In October 2016 Anheuser-Busch InBev acquired SABMiller, which ceased trading as a corporation, making the Foster's Group a direct subsidiary of the parent company. In June 2020, Carlton and United Breweries was sold to the Japanese beverage giant, Asahi Group Holdings.^[1]