Ltd. was an Australian beer group with interests in brewing and soft drinks, known for Foster's Lager, now called Carlton & United Breweries since the company was renamed in 2011.

In October 2016 Anheuser-Busch InBev acquired SABMiller, which ceased trading as a corporation, making the Foster's Group a direct subsidiary of the parent company.

This acquisition added famous brands such as Penfolds, Lindemans and Rosemount to the Foster's stable and around A$1 billion to revenues.

Groups to express such an interest over the years have included Diageo, the British-South African company SABMiller, Molson Coors and Heineken International.

SABMiller was delisted and ceased trading on global stock markets, and Foster's Group became a direct subsidiary of Anheuser-Busch InBev SA/NV.

[10] In 2019, Business Insider reported that Asahi Group Holdings, a large Japanese beverage corporation, would buy Anheuser-Busch InBev's Australian assets, "including Foster's beer and Carlton and United Breweries".

In Australia, Foster's distributes the Cinzano, Perrier, Skyy vodka, Stella Artois, and 42 Below import brands among many others.

In August 2008, it was convicted and fined more than A$1 million for two breaches of Victoria's Occupational Health and Safety Act which led to the death of a worker in 2006.