Asahi Group has completed 3 recorded acquisitions and 0 divestitures or spin-offs, spanning 2016 to 2020.
| Date | Type | Assets | Counterparty | Value |
|---|---|---|---|---|
| Jun 2020 | Divestiture | Carlton Draught and Victoria Bitter | AB InBev | A$16bn |
| Mar 2017 | Divestiture | Pilsner Urquell and Tyskie | AB InBev | €7.3bn |
| Oct 2016 | Divestiture | Peroni, Grolsch and Meantime | AB InBev | €2.55bn |
Asahi acquired Carlton & United Breweries, the Australian business AB InBev had inherited with SABMiller, giving it Victoria Bitter and Carlton Draught. The Australian competition regulator required Asahi to divest several cider and beer brands before approving the deal.
Asahi bought SABMiller's central and eastern European businesses from AB InBev, including Pilsner Urquell in the Czech Republic and Tyskie in Poland, in the second and larger tranche of divestitures required to clear the SABMiller merger.
AB InBev sold Peroni, Grolsch and Meantime to Asahi as part of the divestitures required to obtain competition clearance for its acquisition of SABMiller. It was the Japanese brewer's first substantial European business.