Thai Beverage, better known as ThaiBev (Thai: ไทยเบฟ) (SGX: Y92), is Thailand's largest and one of Southeast Asia's largest beverage companies, with distilleries in Thailand, Scotland, Ireland, China and France. Listed on the Singapore Stock Exchange, Thai Beverage Plc has a market capitalisation in excess of US$4bn.In January 2013, the firm announced it had succeeded in a US$11.2 billion deal to take over the conglomerate Fraser and Neave, adding to the group’s considerable portfolio of assets.