SABMiller has completed its $7.8bn (£4.4bn) acquisition of Colombia’s Bavaria brewery, making it the world’s second-largest brewer. Graham Mackay, chief executive of SABMiller, said: "We are delighted that Bavaria is now part of the SABMiller group. "This transaction reaffirms SABMiller's superior growth profile within the brewing industry and we look forward to working with our new partners and colleagues."