Asahi has purchased the mineral water and fruit juice businesses of P&N in Australia and put forward a takeover bid for Charlie’s Group, the New Zealand drinks company, as it looks to increase its global presence. According to the Financial Times, the two deals, which will cost the Japanese drinks group Y25bn ($310m), are small compared with Asahi’s £550m acquisition of Schweppes Australia in 2008, but highlight the group’s determination to expand in the Asia-Pacific region in the face of a “sluggish” domestic market. The newspaper said that Asahi became Australia’s second-largest soft drinks manufacturer with the Schweppes acquisition, but still has a considerable way to go to achieve its goal to generate 20-30% of overall revenues from outside Japan by the end of 2015. The brewer is also currently behind domestic rival Kirin in its overseas expansion.