Foster's Group

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Foster's Group Limited
Image:logo_fosters100.gif
Type Public (ASX:FGL)
Founded Melbourne, Australia
1887 as Foster Brewing Company
1905 merged to become Carlton and United Breweries
1983 taken over by Elders IXL
1990 renamed Foster's Brewing Group
2001 current name adopted
Headquarters Melbourne, Australia
Key people Frank Swan, Chairman
Trevor O'Hoy, CEO
Industry Beverages
Products Victoria Bitter
Fosters Lager
Jamieson's Run Wines
Wolf Blass Wines
Strongbow Cider
Revenue $3.9 billion AUD (2004)
Employees 35,000 (2004)
Slogan Inspiring Global Enjoyment
Website www.fosters.com.au

Foster's Group is a beer group with interests in brewing, wine-making and soft drinks. Foster's Group is the brewer of the famous Foster's Lager. Foster's Group Limited is a publicly-listed company on the Australian Stock Exchange and is based in Melbourne, Victoria.

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It was founded in Melbourne in 1886 by two American brothers, William and Ralph Foster of New York, who happened to own a refrigeration plant, which was necessary to brew beer in Australia's hot climate. They sold the brewery the following year and returned to the United States[citation needed].

In 2005, Foster's Group acquired the Australian wine-making group Southcorp. This acquisition added famous brands such as Penfolds, Lindemans and Rosemount to the Foster's stable and around $1 billion AUD to revenues.

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