Ambev, formally Companhia de Bebidas das Américas and Companhia Brasileira de Bebidas, is a Brazilian brewing company now merged into Anheuser-Busch InBev.

The merger was approved by the board of directors of the Brazilian Administrative Council for Economic Defense (CADE) on March 30, 2000.

It is one of the largest companies by market capitalization in Brazil and in the Southern hemisphere.

The second largest PepsiCo bottler outside the United States, it sells and distributes PepsiCo products in Brazil and other Latin American countries, includes Pepsi, Lipton Ice Tea and Gatorade by franchise agreement.

In 2004, Ambev merged with Belgian company Interbrew to form InBev.