Anheuser-Busch InBev, or AB InBev, is a multinational drinks conglomerate headquartered in Belgium. It’s the world’s largest beer brewer by both volume and revenue, operating more than 600 beer brands in 150 countries. AB InBev was formed in 2008 through the acquisition of Budweiser brewer Anheuser-Busch by Belgian conglomerate InBev—which is itself a merger of Stella Artois-maker Interbrew and Brazil’s AmBev. In 2015, AB InBev acquired its biggest rival in North America, SABMiller, for $107 billion. The deal required the sale of a number of SABMiller brands, including Miller and Coors, to satisfy antitrust regulators. In recent years, acknowledging the consumer trend away from mass-produced lagers, AB InBev has rapidly acquired U.S. and international craft brewers including Goose Island, Blue Point, and Camden Town Brewery.