Source: www.mercadonegro.pe Last weekend SabMiller, which administrates all of Backus´ activities, came to a global agreement with Coca – Cola Company to purchase all of their non-alcoholic beverages in an attempt to expand operations and sales in Africa. This purchase was for 260 million dollars. Backus is an international Peruvian brewery. It was founded by Jacobo Backus and Howard Johnston two American citizens. In 1876 they founded an ice company in a well-known district in Lima, Rimac, and in 1879 they change it to The Backus and Johnston Brewery LTD. But in 1954 it was bought out by a group of Peruvian entrepreneurs led by Ricardo Bentin Mujica in an effort to show the world how you can nationalize a company with private investment. Throughout the years Backus bought out all their competitors in Peru and as a result they own all the major beers brands of all the major regions making them a modern day monopoly. In 2005 Backus merged with SABMiller to become the second...