Foster's Group Company Description
Foster's Group may boast that "Foster's is Australian for beer," but wine accounts for the bulk of the company's bottom line (76% in 2008). Offering some 200 products, the company has three major business divisions: Carlton & United Beverages, which produces some of Australia's top beers, such as Foster's Lager and Victoria Bitter; Beringer Blass Wine Estates, which makes the Mildara and Wolf Blass brands; and the premium winemaker and former rival Southcorp Limited. In addition to beer and wine, Foster's sells pre-mixed spirits, cider, and non-alcoholic drinks. Foster's products are available worldwide.
View the Comprehensive Company Description for Foster's Group
The Company Description provides a historical perspective of Foster's Group's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Foster's Group's evolution in the marketplace.
