Foster's Group is an Australian beverage company known primarily for its beer products. Founded in 1888 by brothers William and Ralph Foster in Melbourne, the company gained international recognition with its flagship product, Foster's Lager. Over the years, it expanded its portfolio to include various alcoholic and non-alcoholic beverages. In 2011, Foster's Group was acquired by AB InBev, one of the world's largest brewing companies. The acquisition allowed Foster's to leverage global distribution networks while maintaining its brand identity. Today, Foster's Group continues to be a significant player in the beverage industry, focusing on quality and innovation.