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:
“History is not what you thought. It is what you can remember. All other history defeats itself.
In Beverly Hills ... they don’t throw their garbage away. They make it into television shows.
Idealism is the despot of thought, just as politics is the despot of will.”
—Mikhail Bakunin (1814–1876)
“History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“This is the greatest week in the history of the world since the Creation, because as a result of what happened in this week, the world is bigger, infinitely.”
—Richard M. Nixon (1913–1995)