11DETAILS OF PRODUCTION PROCESSDETAILS OF PRODUCTION PROCESS
Nestle S.A. the present Switzerland based international foodgroup, originally consisted of two companies and two products:Henri Nestle and his baby food in Vevey, and the Anglo-SwissCondensed Milk company and its condensed Milk Company andits condensed milk in Cham, both in Switzerland. In 1866 thePage Brothers form the United States set up a new industry inCham, making condensed milk from a raw material that wasavailable in abundance in the region. In 1867 Henri Nestle achemist in Vevey, created a milk and cereal based food forbabies. The companies competed vigorously until 1905, whenthey merged and became the starting point of the present foodgroup.DYNAMIC EXPANSION The history of Nestle include the development of many differentproducts as well as acquisitions, mergers and the purchasing of shares in companies, mainly abroad, over the course of the tears,this enabled it to broaden its range of products and diversify itsoperations, while at the same time strengthening the economicfoundations of the company. Amongst the most importantacquisitions were Carnation in Los Angeles (milk products and petfoods) and more recently Rowntree Mackintosh in York (chocolateand confectionery), Buitoni in Perugia (pasa) as well as Perrier inFrance (mineral water).Nestle which does 98% of its business outside Switzerland, alsohas interests in non-food sectors, in cosmetics (a large shareholding in L’Oreal) and ophthalmic products (acquisition of Alconlaboratories Inc.) while continuing to give priority to foodproducts.
Nestle is now the world’s largest food company. It is present onfive continents, has an annual turnover 70 billion Swiss francs,runs 522 factories in 81 countries, 200operating companies, 1basic research center and 20 technological development groupand more than 231,000 employees the world over.