Asahi Group Holdings Ltd., the brewer that's buying European brands from Anheuser-Busch InBev NV worth $2.9 billion, is now pursuing deals in the U.S. that would help boost distribution of its Super Dry beer in the world's largest economy.

Tokyo-based Asahi is willing to spend ¥400 billion ($3.7 billion) starting next year, which includes raising debt and ¥100 billion in cash, on further acquisitions, President Akiyoshi Koji said in a recent interview.

The company is mainly seeking overseas investments to strengthen its alcoholic and nonalcoholic beverage businesses, said Koji.