Oriental Brewery or OB is a South Korean brewery established by the Doosan Group in 1952. It was purchased by InBev in 1998. In 2009, it was sold by Anheuser-Busch InBev as the parent company sought to reduce its debt. It was sold to an affiliate of Kohlberg Kravis Roberts & Co.. Anheuser-Busch InBev has retained the right to purchase OB five years from its sale, at predetermined financial terms. Today OB produces several of Korea's most popular beverages including the OB, Cass and Cafri lager brands. All OB beers are brewed from rice, rather than the malted barley familiar to Western beer drinkers.
Famous quotes containing the word oriental:
“Behold the difference between the Oriental and the Occidental. The former has nothing to do in this world; the latter is full of activity. The one looks in the sun until his eyes are put out; the other follows him prone in his westward course.”
—Henry David Thoreau (18171862)