Blog: Chris MercerJapanese net closing on Australia

Chris Mercer | 27 August 2010

Japan's drinks giants are feasting on Australia's drinks sector. Could Foster's be next on the menu?

Asahi's deal to acquire P&N Beverages propels the firm into a strong second place on Australia's soft drinks market - as discussed by us on just-drinks yesterday.

Its move underlines that Japan's trio of Kirin, Suntory and Asahi view Australia as a key part of their growth strategy. Kirin owns Lion Nathan and National Foods, having since merged these two business together, while Suntory has bought the Frucor soft drinks business.

Foster's Group is one of few remaining fruits on the tree. It's hard to argue against a Japanese buyer of Foster's beer division going on the evidence of the past 18 months.

 


BLOG

Coca-Cola's selfie bottle might be a step too far

Whenever we read anything about Millennial consumers, there is almost always mention of the personalisation trend as well as the importance of social media....

BLOG

Anheuser-Busch InBev execs have a dream - a US$350m-sized one

Ever wondered what fuels Anheuser-Busch InBev's acquisitional drive? Is it naked ambition? Faith? The good of mankind?...

BLOG

Anheuser-Busch InBev's Bud Light ad pull shows not all campaigns can win

Anheuser-Busch InBev is reportedly calling a halt to its Seth Rogan and Amy Schumer Bud Light campaign in the US....

BLOG

SABMiller's last word

Today is SABMiller's final day. Some time this evening, Brussel's time, the second-biggest brewer in the world will be subsumed into the biggest, creating a beer behemoth of unprecedented proportions....

just-drinks homepage



Forgot your password?