History
The Backus and Johnston brewery was founded in 1879 by Mr. Jacob Backus and Mr. John Howard Johnston in the Rímac District in Lima. In 1889, the two founders incorporated "The Backus and Johnston's Brewery Company Ltd" in London, and they transferred all their Peruvian brewery related assets to this new corporation in order to raise investment capital in the Joint Stock of London to continue their business growth. The founders continued as Managing Directors of the company for many years thereafter until Mr. Johnston left Peru in 1898 for family reasons, and Mr. Backus died in 1899. The company operated as a British corporation until 1954, when the company management decided to transfer the company assets and incorporation to Peru. At this time, "The Backus and Johnston's Brewery Company Ltd" was renamed as Cervecería Backus & Johnston S.A. In 1994 Backus and Johnston managed to take over its rival on the beer market, the National Beer Company Compañía Nacional de Cerveza S.A., formed in 1863 and owner of the Pilsen Callao brand. In 1996 four breweries, including Backus and Johnston merged into one new company using the name Union of Peruvian breweries Backus and Johnston (Spanish: Unión de Cervecerías Peruanas Backus y Johnston S.A.A.). In 2000 the company further expanded when the Brewery Company of Southern Peru (Cervesur) joined the union, making it owner of the popular Cusqueña brand. Since 2005 Backus and Johnston is part of the SABMiller group of breweries. The company still owns the prominently visible brewery in the Rímac district.
Read more about this topic: Backus And Johnston
Famous quotes containing the word history:
“the future is simply nothing at all. Nothing has happened to the present by becoming past except that fresh slices of existence have been added to the total history of the world. The past is thus as real as the present.”
—Charlie Dunbar Broad (1887–1971)
“The greatest honor history can bestow is that of peacemaker.”
—Richard M. Nixon (1913–1995)
“There has never been in history another such culture as the Western civilization M a culture which has practiced the belief that the physical and social environment of man is subject to rational manipulation and that history is subject to the will and action of man; whereas central to the traditional cultures of the rivals of Western civilization, those of Africa and Asia, is a belief that it is environment that dominates man.”
—Ishmael Reed (b. 1938)