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Archive record · Brewery

Carlton & United Breweries

Melbourne, Victoria, Australia

ActiveConglomerate-ownedMacro
Founded
1907
Archive ID
TB-Q724KVD1
Last checked
2026-08-05

Who owns this brewery?

Asahi Group Holdings

The direct owner is recorded. No company is held above it.

  1. Carlton & United BreweriesThis brewery
  2. Asahi Group HoldingsConglomerate
01

From the record

Summary

Australia's largest brewer, home of Victoria Bitter and Foster's. Sold to Asahi in 2020 for around sixteen billion dollars. Foster's is far more famous abroad than at home.

A summary written during research. The sourced facts are in the sections below.

Tally’s Take

Australia's biggest brewer, and the source of the country's longest-running joke: Foster's is an export product Australians largely do not drink.

Ownership & corporate history

  1. Acquired by Asahi Group Holdings, Ltd.June 2020
    What the sources say

    Researched 2026-09-13 (Wikidata parent lead); no held claim preceded it. AUD 16.0bn enterprise value; announced 19 July 2019, ACCC clearance with divestments. Wikidata's 'SABMiller' is the owner of 2011-2016 (via Foster's), then AB InBev 2016-2020.

Ownership history is kept as dated events, so a change of owner never overwrites the one before it.

02

The Museum

Timeline

  1. 1907
    Founded

    Carlton & United Breweries begins brewing in Melbourne.

  2. 2020
    Sold

    Sold to Asahi in 2020 for around sixteen billion dollars.

03

The People

Behind the beer

W.M. Beckwith
Founder

Historic Australian brewing titan founded in Melbourne.

04

The Beer Library

Beers

Victoria Bitter

Year-Round

Pale Lager

ABV4.9%

'A hard-earned thirst needs a big cold beer' — the ad ran, barely changed, for decades. For a long stretch, one in every four beers sold in Australia was a VB.

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Foster's Lager

Year-Round

Pale Lager

ABV4.0%

Two American brothers from New York opened a brewery in Melbourne in 1888 and sold it within a year. The beer they left behind became a marketing juggernaut everywhere except home — it hasn't even been brewed in Australia since 2011, and most Australians barely drink it, but 'Foster's: Australian for Beer' turned it into one of the most internationally famous Australian beers that Australia doesn't really claim.

Drank this? Add it to your passport →
07

Follow the money

How it changed hands

1 recorded move
  1. 1907Founded
  2. 2020Sold

    Sold to Asahi in 2020 for around sixteen billion dollars.

Today the chain tops out at Asahi Group Holdings.

08

Show your working

Sources

  1. controlConfirmed

    Carlton & United Breweries is controlled by Public company.

    Asahi Group Holdings — Stock Information · Asahi Group Holdings · 2025-12

    BreweryHigh reliabilitySource accessed 2026-08-05Brewery-stated
    Claim last checked 2026-08-05

Only the claims above are sourced. Everything else on this page is the archive's own research and has not yet been tied to a document — which is worth knowing rather than hiding.

09

Straight answers

Common questions about Carlton & United Breweries

Who owns Carlton & United Breweries?
Carlton & United Breweries is owned by Asahi Group Holdings. Carlton & United Breweries is based in Melbourne, Australia.
Is Carlton & United Breweries still independent?
No. Carlton & United Breweries is owned by Asahi Group Holdings and is no longer independent.
When was Carlton & United Breweries acquired?
2020. Sold to Asahi in 2020 for around sixteen billion dollars.
When was Carlton & United Breweries founded?
Carlton & United Breweries was founded in 1907 in Melbourne, Australia.
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