Asahi Breweries

Asahi Breweries is a brewery and soft drink company based in Tokyo, Japan. In 2009, Asahi acquired the Australian beverages unit of Cadbury Schweppes. In early 2009, Asahi acquired 19.9% of Tsingtao Brewery from Anheuser-Busch InBev for $667 million. The sale made Asahi Breweries the second largest shareholder in Tsingtao behind only the Tsingtao Brewery Group. In 2016, Asahi completed the purchase of Grolsch, Peroni and Meantime from Anheuser-Busch InBev, significantly expanding its presence in Europe; AB was selling up due to anti-trust restrictions regarding its $100 billion purchase of SABMiller.

Asahi is best known as the producer of the beer that bears its name.