Beer production in Australia has traditionally been dominated by regional producers. Since the 1980s, there have been a steady stream of takeovers and amalgamations, and now the two major producers (who were once Australian-owned) are Carlton & United Breweries (CUB) and Lion. Since October 2009, Lion has been a subsidiary of Japanese brewer, Kirin Holdings Company Limited a brewing company established in 1885. The largest remaining Australian owned brewer is Coopers Brewery with a market share of about 4% of total beer volume sales in Australia.