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Foster's Group Pty. Ltd: Executive Summary

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The company that I used for my assignment is Foster’s Group Pty. Ltd. This company was an Australia beer group. Foster’s Group was founded by Irish-American brothers William M. Foster and Ralph R. Foster in Rokeby Street, Melbourne since 1888 and named it Carlton and United Breweries. In 1983, the company was sold and renamed Elders Brewing Group. After that, in 1990 they had change the name to Foster’s Group until now. After CEO Trevor O’Hoy was resigned since 10 June 2008, the owner of Foster’s Group is Ian Johnston, Chief Executive Officer (CEO). In 2011, Foster’s Group Pty. Ltd. was approved by Australia’s government to sold to SABMiller cost $11.2 billion due to under foreign acquisitions laws. The famous product of the Foster’s Group Pty. Ltd. are Victoria Bitter, Foster’s Lager, Carlton, Crown Lager and Stella Artois.
The expansion needs for Foster’s Group Pty. Ltd. is financial growth opportunities and loss …show more content…

Due to the low risk of financial losses, using this method to entering to international markets is the easiest and more frequently to export. Exporting to Switzerland is my choice because Australia have an extremely good relationship with Switzerland based on share political and economic interests, which supported by high-level of dialogue. Switzerland also allow tax minimisation through tax havens which countries with secretive tax and low taxes for non-residents and foreign owned companies. Foster’s Group can register to become a parent company in Switzerland because Switzerland offers more opportunity to improve their financial growth, expansion to the surrounding countries in order to expand the market size as Switzerland is located at the centre of Europe.

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