Who Owns
the Gaff?
Explore companies

Companies

Asahi Group Holdings, Ltd.

1 linked company profile · 1 dated disclosure in this directory.

About this investor

Asahi owns the Fuller's beer business, Meantime and Dark Star, alongside international brands including Asahi Super Dry, Peroni and Grolsch. [1][2][3]

Fuller's beer business was sold to Asahi on 27 April 2019; Fuller, Smith & Turner retained its pub/hotel company. The beer transaction includes a perpetual global exclusive royalty-free licence for relevant Fuller trademarks, not ownership of every Fuller-named business. Meantime and Dark Star remain group brands despite production-site changes. [1][2][3]

Each card names the entity invested in. Linked companies and brands can sit below that entity. Stakes use the source’s definition and date; disclosures are selected and do not give a complete portfolio or investor register. Read the investor methodology.

Disclosed holdings & backing

Disclosed backing

Fuller's beer business and relevant trademark licence

Acquired entire beer business · exclusive trademark licence

Transaction completed ·

The pub/hotel company was retained separately. The trademark rights are licensed.

Ownership & related brands

Evidence · 2 sources
Former holdings & portfolio changes
  • Beer portfolio change 1

    The completed 2019 Fuller's beer sale retained the separately owned Fuller's pub/hotel business. [3]

About & portfolio changes: sources · 3

Research reviewed . Sources for individual investments are included on their disclosure cards.

  1. 01
    Asahi European brands (opens in a new tab)

    Asahi Europe & International · UK Fuller beer business, Meantime and Dark Star; selected European beer brands

    Accessed 11 Oct 2026
  2. 02
    Asahi Group Holdings corporate profile (opens in a new tab)

    Asahi Group Holdings · Listed Japanese parent; Tokyo headquarters at Azumabashi, Sumida-ku

    Accessed 11 Oct 2026
  3. 03
    Fuller's annual report 2019 (opens in a new tab)

    Fuller, Smith & Turner plc · Printed p14 / Note 31: beer disposal completed 27 April 2019; worldwide exclusive perpetual royalty-free trademark licence; pub/hotel business retained

    Accessed 11 Oct 2026