Australian Breweries History: Foster's
The first bottle of Foster's lager was brewed in 1888. The crash of the 1890's
resulted in a long economic recession in Australia. To help cut costs, the Foster
Brewing Company and the Carlton Brewery Amalgamate combined with four other
breweries to form a new company: Carlton and United Breweries (CUB). CUB acquired
Northern Australia Breweries and Cairns Brewery in 1931. The Fosters brand made
it into the UK and the US in the 1970's. CBU took over the New South Wales
Brewing Company (Tooth & Co.). In 1989 the Carling O'Keefe Brewing group merged
with the Molson Breweries of Canada and the company name was changed to Foster's
Brewing Group Limited. Since then Foster's has aquired several more breweries,
wineries and other businesses.
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