Sebastien Pirlet/Reuters

Anheuser-Busch InBev, the world’s largest brewer, agreed on Monday to take a controlling stake in the Caribbean drinks maker Cerveceria Nacional Dominicana, or C.N.D., for $1.2 billion.

The deal, which values the C.N.D. at about $2.5 billion, will strengthen Anheuser-Busch InBev’s presence across the Caribbean by expanding C.N.D.’s beer, malt and soft drinks businesses in the Dominican Republic, Antigua, Saint Vincent and Dominica. C.N.D.’s brands include Presidente beer.

The company will also export to 16 other countries in region, the United States and Europe, according to a company statement.

Related Links The news release

Under the terms of the deal, Anheuser-Busch InBev will pay C.N.D.’s majority owner, E. León Jimenes, $1 billion. It will also combine its own subsidiary, AmBev Dominicana, into a new holding company that will oversee the drinks business in the Caribbean.

Anheuser-Busch InBev also will pay Heineken $237 million to acquire an additional 9.3 percent stake in C.N.D.

The two agreements will give Anheuser-Busch InBev a 51 percent indirect stake in C.N.D., the company said in a statement.

“This strategic alliance with E.L.J. is a key step towards our dream of becoming the leading player in the Caribbean and Central America,” Alexandre Médicis, vice president for Hispanic Latin America at Anheuser-Busch InBev’s subsidiary Ambev, said in a statement.

The combined C.N.D. and AmBev Dominicana would have had net revenue of about $570 million last year, the companies said. The new entity is expected to have pretax profit of $190 million in its first 12 months.

The deal is expected to close by the end of June.

Deutsche Bank, Lazard and the law firms Debevoise & Plimpton and Pellerano & Herrera advised Anheuser-Busch InBev, while Bank of America Merrill Lynch and the law firms Sidley Austin, Pereyra & Asociados and Federico C. Alvarez advised E. León Jimenes.