Asahi Group Holdings Ltd., the Japanese brewer of Super Dry, sued two buyout firms that sold it a New Zealand liquor distributor in 2011 for NZ$1.53 billion ($1.3 billion), claiming it was given false information about the company’s finances.

Pacific Equity Partners Pty. and Unitas Capital Pte. engaged in misleading and deceptive conduct by inflating Independent Liquor’s earnings ahead of the takeover, Asahi said. The lawsuit was filed in Federal Court in Melbourne.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.