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Société Anonyme (SIX: NESN)
Vevey, Switzerland (1866)
Peter Brabeck-Letmathe(Chairman), Paul Bulcke (CEO)
Baby food, coffee, dairy products, breakfast cereals,confectionery, bottled water, ice cream, pet foods (list...)
CHF 107.6 billion (2009)
CHF 15.70 billion (2009)
CHF 10.43 billion (2009)
CHF 110.9 billion (2009)
CHF 53.63 billion (2009)
The company grew significantly during the First World War and following the Second World War. eventually expanding its offerings beyond its early condensed milk and infant formula products.3 Joint ventures 5 Controversy and criticism 5.1 Marketing of formula 5. however. as in the English verb "nestle". "Nestle" in Alemannic . whose name meant "Little Nest". and the Farine Lactée Henri Nestlé Company.2 Earnings 4. Contents [hide] • • • • o o o • o o o o o • • • 1 Pronunciation 2 History 3 Products 4 Business 4.com Nestlé S.4 Palm oil use 5. the company operates in 86 countries around the world and employs nearly 283. This pronunciation was common throughout much of the 20th century.Website www. (French pronunciation: [nɛsˈle]) is the largest nutrition and foods company in the world. in English-speaking countries.5 E.1 Management 4. Today.nestle. which was founded in 1866 by Henri Nestlé. However. which was established in 1866 by brothers George Page and Charles Page.3 Zimbabwe farms 5. The old pronunciation.2 Melamine in Chinese milk 5. is still used today in some regions such as the Black Country. founded and headquartered in Vevey. "Nestlé" is most commonly pronounced /ˈnɛstleɪ/).000 individuals. Coli 6 See also 7 Footnotes 8 External links Pronunciation Today. Nestlé originated in a 1905 merger of the Anglo-Swiss Milk Company.A. but changes in its spoken form in advertising influenced it to become more akin to its native pronunciation [nɛsle] in French-speaking Switzerland.Switzerland. the original pronunciation was /ˈnɛsəl/.
In 1905 the companies merged to become the Nestlé and Anglo-Swiss Condensed Milk Company. retaining that name until 1947. The company dates to 1867. in Vevey. IL. and George Page. Wiltshire in 1873. and in the following year the Nestlé company added condensed milk. retained his name as Farine Lactée Henri Nestlé. History Nestlé headquarters in Vevey. when two separate Swiss enterprises were founded that would later form the core of Nestlé.German (Alemannisch – as spoken in southwestern Germany and in Switzerland) refers to a small nest (Nest being the same word in English and German). In September 1867. In the succeeding decades the two competing enterprises aggressively expanded their businesses throughout Europe and the United States. The -le ending makes the word into a diminutive. Maggi was a major manufacturer of soup mixes and related foodstuffs. By the early 1900s. Henri Nestlé retired in 1875. Henri Nestlé developed a milk-based baby food and soon began marketing it. so that the firms became direct and fierce rivals. The company’s current name was adopted in 1977. Henri Nestlé. established the Anglo-Swiss Condensed Milk Company in Cham. but the company. when the name Nestlé Alimentana SA was taken as a result of the acquisition of Fabrique de Produits Maggi SA (founded 1884) and its holding company. Their first British operation was opened at Chippenham. under new ownership. the company was operating factories in . In August of 1867 Charles A. Switzerland. Alimentana SA of Kempttal. In 1877 Anglo-Swiss added milk-based baby foods to its products. two American brothers from Lee County.
both in 2002: in June. There were two major acquisitions in North America. inaugurates a factory in Feira de Santana(Bahia). which brought the Willy Wonka Brand to Nestlé. World War I created new demand for dairy products in the form of government contracts. 2007. Nestlé felt the effects of World War II immediately. government contracts dried up and consumers switched back to fresh milk. particularly Latin America. Nestlé's production and sales rose in the wartime economy. In 1947 came the merger withMaggi seasonings and soups. Libby's (1971) and Stouffer's (1973). which was a staple drink of the US military. as did Findus (1963). Profits dropped from US$20 million in 1938 to US$6 million in 1939. The Brazilian president.S. Since 1996 there have been acquisitions including San Pellegrino (1997). Diversification came with a shareholding in L'Oréal in 1974. Spillers Petfoods (1998). The 1920s saw Nestlé's first expansion into new products. Nescafé. Nestlé merged its U. Ironically. streamlining operations and reducing debt. The first half of the 1990s proved to be favorable for Nestlé: trade barriers crumbled and world markets developed into more or less integrated trading areas.the United States. Factories were established in developing countries. with chocolate the company's second most important activity. In 1984. However. and Ralston Purina (2002). February. Growth accelerated and companies were acquired. the war helped with the introduction of the company's newest product. Germany and Spain. Crosse & Blackwell followed in 1950. Nestlé's management responded quickly. Nestlé's logo used until 1970s. The end of World War II was the beginning of a dynamic phase for Nestlé. notably American food giant Carnation and the British confectionery company Rowntree Mackintosh in 1988. United Kingdom. In 1977. After the war. ice cream business . Nestlé's improved bottom line allowed the company to launch a new round of acquisitions. Lula da Silva. Nestlé made its second venture outside the food industry by acquiring Alcon Laboratories Inc. by the end of the war. Nestlé's production had more than doubled.
though the deal fell through. confectionery and pet food. also acquiring in 2007 the milk flavoring product known as Ovaltine. In the same time frame.6 billion acquisition was announced of Chef America. Another recent purchase includes the Jenny Craig weight loss program for US$600 million. ice cream. Nestlé agreed to sell its controlling stake in Alcon to Novartis on 4 January 2010. In December 2005 Nestlé bought the Greek company Delta Ice Cream for €240 million. Nestlé came close to purchasing the iconic American company Hershey's. infant foods. In January 2006 it took full ownership of Dreyer's. frozen and refrigerated foods.3 billion offer by Novartis to fully acquire the world’s largest eye-care company. Business . the creator of Hot Pockets.5 billion. thus becoming the world's biggest ice cream maker with a 17.000 brands. performance and healthcare nutrition. Nestlé purchased the Medical Nutrition division of Novartis Pharmaceutical for $2.into Dreyer's. In November 2006. In April 2007 Nestlé bought baby food manufacturer Gerber for $5.  In December 2007 Nestlé entered in a strategic partnership with a Belgian chocolate maker Pierre Marcolini. The sale forms part of a broader US $39. with a wide range of products across a number of markets including coffee (Nescafé).5B. bottled water. other beverages (including Aero (chocolate) & Skinny Cow). chocolate. and in August a US$2. Products Main article: List of Nestlé brands Nestlé has 6. seasonings.5% market share.
Nestlé S. Asia. Chief Executive Officer.A. United States of America. Middle East Luis Cantarell. Operations. Latin America. Caribbean José Lopez.A. Nestlé S. Nestlé S. Africa. Executive Vice President. GLOBE John J. Executive Vice President. Werner Bauer. Research & Development Friz van Dijk. Nestlé S.A. includes: Peter Brabeck.A. Harris. Chairman & CEO of Nestlé Waters Richard Laube. Chairman of the Board of Directors. Chief Technology Officer. Executive Vice President. Executive Vice President. Executive Vice President.A. Executive Vice President. Nestlé S.. Nestlé S. a distinct entity from the board of directors.A. Canada. Nestlé S. Head of Innovation.A. Management The executive board. Paul Bulcke.A. CEO of Nestlé Nutrition . Nestlé S.Japan headquarters The Nestlé Tower in Croydon. Oceania. This serves as their headquarters in the United Kingdom. Technology.
Joint ventures Nestlé holds 26. Frick. Global Nestlé Business Services Laurent Freixe.A. Strategic Business Units. Earnings In 2009. Nestlé S.A. Senior Vice President and ex officio Member of the Executive Board According to a 2006 global survey of online consumers by the Reputation Institute. 26% from dairy and food products. 16% from Asia.43 billion. Executive Vice President. Sales and Nespresso Marc Caira. Nestlé has a reputation score of 70.4 on a scale of 1–100. Research and development investment was CHF 2. Marketing.6 billion and net profit was CHF 10. IP. Sales by activity breakdown: 27% from drinks. and Galderma a joint venture in dermatology with L'Oréal. Finance and Control.02 billion. 18% from ready-prepared dishes and ready-cooked dishes. Head of Human Resources and Centre Administration David P. Head of Nestlé Professional Strategic Business Division Jean-Marc Duvoisin. The Laboratoires Inneov is a joint venture in nutritional cosmetics between Nestlé and L'Oréal. Nestlé S. the world's largest company in cosmetics and beauty. 21% from rest of the world.4% of the shares of L'Oréal. 12% from chocolate. Deputy Executive Vice President Nestlé S. and Dairy Partners Americas with Fonterra.A. 6% from pharmaceutical products and 2% from baby milks. Nestlé S. Controversy Marketing and criticism of formula . James Singh. Sales by geographic area breakdown: 32% from Europe. Legal.A. Executive Vice President. Executive Vice President. consolidated sales were CHF 107. Beverage Partners Worldwide with Coca-Cola. 31% from Americas (26% from US). Europe Petraea Heynike.A. Deputy Executive Vice President. 11% from pet products. Nestlé S. Others include Cereal Partners Worldwide with General Mills. Tax.
states that breastmilk is the best food for infants. Grace Mugabe. . In particular. Nestlé were met with "a deluge of criticism from consumers. Aero and Quality Street. On October 2. Palm oil use Rapid deforestation in Borneo and other regions to make way for oil palm plantations sends massive amounts of carbon dioxide into the atmosphere. told the Company’s Annual General Meeting in Lausanne on April 15 2010 that in 2009 Nestlé used 320. 2008 the Taiwan Health ministry announced that six types of milk powders produced in China by Nestlé contained traces of melamine. and "Nestlé Loses Face On Facebook".Peter Brabeck-Letmathe. Mugabe and his regime are currently subject to European Union sanctions. There is ongoing concern by various NGO's including Greenpeace. Nestlé's policy. Zimbabwe farms In late September 2009. after a large number of Facebook users posted negative comments about the company's business practises. where peat swamp forests are cleared. Greenpeace welcomed the agreement promising to monitor it closely . including headlines stating: "Nestlé fails at social media". it was brought to light that Nestlé was buying milk from illegally-seized farms currently operated by Robert Mugabe's wife. an issue that attracted significant attention in 1977 as a result of the Nestlé boycott. in answer to a question from Greenpeace. Nestlé affirmed that all its products were safe and were not made from milk adulterated with melamine. women who cannot or choose not to breast feed for whatever reason do need an alternative to ensure that their babies are getting the nutrition they need. however. Nestlé has announced that it will begin a recall of milk products produced in China.Main articles: infant formula and Nestlé boycott One of the most prominent controversies involving Nestlé concerns the promotion of the use of infant formula to mothers across the world including developing countries.000 tonnes of palm oil worldwide. a not-for-profit group. In May 2010 Nestlé said it was inviting The Forest Trust. comparing this with the 500. Nestlé later stopped buying milk from the dairy farms in question. The Dairy Farm milk was made by Nestlé's division in the Chinese coastal city Qingdao. the Hong Kong government claimed to have found melamine in a Chinese-made Nestlé milk product.000 tonnes of palm oil used for biodiesel in Germany and Italy alone. destroying the habitat for many threatened species of animals such as the orangutan. to audit its supply chain and promised to cancel contracts with any firm found to be chopping down rainforests to produce the palm oil which it uses in KitKat. Melamine in Chinese milk Main article: 2008 Chinese milk scandal In late September 2008. however." Nestlé's attempt to engage with the issue were met with criticism. Nestlé Chairman. much public attention has been given to the environmental impact of palm oiland the role of multi-nationals such as Nestlé in this.
CNN. Reuters. ^ "Nestlé to buy Gerber for $5. "Novartis seeks to buy rest of Alcon for $39 billion". Retrieved 2007-02-21(30-10-08 for archive version). Coli In June of 2009. half of whom required hospitalization. 8. an outbreak of E. The outbreak sickened at least 69 people in 29 states.000 cases of the cookie dough. because E. Google Analytics. BBC News. . Coli O157:H7 was linked to Nestlé's refrigerated cookie dough originating in a plant in Danville. How the dough became contaminated is unclear.5B". Archived from the original on 2007-02-20. 10. Retrieved 2007-04-12. Emma (4 January 2010). Accessed: 14 August 2010 ^ "Nestlé buys US ice cream firm". BBC News. Retrieved 2010-03- 2. 6. Nestlé.com. 19 January 2006. 2010). ^ a b c d e f g "Annual Report 2009" (PDF). 7. 26. Following the outbreak. ^ "Nestlé: Following the Customers' Tracks with Google Analytics". A History of the County of Wiltshire: Volume 4 (1959). ^ 'Other industries'. 4. Retrieved 4 January 2010. Fortune 162 (1): 20. Coli is not known to live in any of its constituent ingredients. See also Companies portal Food portal Big Chocolate Farfel the Dog Nestlé boycott Joseph Rowntree Footnotes 1. 220-253. pp. Beth (July 5. 5. 08. ^ "Nestlé takes world ice cream lead". ^ Thomasson.E. Retrieved 2010-01- 9. 2007-09-03. Nestlé voluntarily recalled 30. "Nestlé". 17 June 2002. 3. 12 April 2007. ^ Kowitt. Novartis. Virginia. Retrieved 2007-02-22. Retrieved 2007-02-22.[dead link] ^ Media releases[dead link] ^ "Media releases".
com/.com/news. New York. ^ "Nestlé chairman calls for a moratorium on deforestation" on Nestlé's website. .co." 23. Retrieved 2008-10-02.freshbusinessthinking.bbc. ^ Greenpeace: "Ask Nestle to give the rainforest a break. ^ http://www. ^ AFP. IOL. Reputation Institute. Retrieved 2008-10-02. which also outlines the steps Nestlé has taken to address the problem. Retrieved 2007-02-22.za.php? NID=3951&Title=Nestle+Loses+Face+On+Facebook 26. 14.http://www. Associated Press.nestle. Retrieved 2010-0613. ^ http://www. BBC News. ^ "Nestle shuts Zimbabwe milk plant citing harassment". 27. 12. Retrieved 2009-12-23. "Blogs.co. The Guardian. "Borneo fires 'catastrophe'" (in English).telegraph.freshbusinessthinking. Mark. 2008 12:14 AM)[dead link] 15. 16.Nestle Defends Buying Milk from Mugabe Dairy". Channel News Asia. ^ Harding.com/news. ^ . Yahoo! News.html 22. 18. Andrew (2006-11-16). "Taiwan finds low levels of melamine in Nestle milk products". ^ Tabacek. Retrieved 11 April 2010.co.php? NID=3951&Title=Nestle+Loses+Face+On+Facebook 24.uk.guardian. ^ (PDF) The Reputations of Switzerland Largest Companies:. Retrieved 2010-01-08.net/internet/nestle-fails-at-social-media 25. 20. ^ The Telegraph newspaper claimed in 2007 that: "Vast swathes of pristine forest are disappearing in a slash-and-burn policy creating palm oil plantations to feed the demand of multi-nationals who accept no responsibility for the resulting degradation". ^ "Taiwan says melamine found in Nestle milk powders".11.co. Kai (17 May 2010). ^ Tran. (accessed September 21.babymilk.co. ^ http://www. BBC news. 23 December 2009. 5 April 2006. London: Blogs. Retrieved 2009-09-28.za .uk/earth/earthnews/3313623/Needfor-cheap-palm-oil-drives-deforestation. ^ For example Dying for a Biscuit on BBC Panorama http://www. ^ China milk scandal claims victim outside mainland. Retrieved 24 May 2010. 17.co. ^ "IOL. 19.guardian. "Nestlé uses NGO to clean up palm oil supply chain". 13.uk/programmes/b00r4t3s 21. http://www.uk".techeye.
Martin (19 May 2010).A. concentrates trading of its shares on SWX Swiss Exchange [show] v•d•e Nestlé [show] v•d•e Swiss Market Index companies of Switzerland [show] v•d•e Selected Royal Warrant holders of the British Royal Family Categories: Companies listed on the SIX Swiss Exchange | Royal Warrant Holders | Swiss confectionery | Chocolatiers | Companies established in 1866 | Companies formerly listed on the London Stock Exchange | Dairy products companies | Nestlé brands • • • • • • • þÿ New features Log in / create account Article Discussion Read Edit View history • • • • • Main page Contents Featured content Current events Random article Interaction • About Wikipedia • Community portal • Recent changes • Contact Wikipedia • Donate to Wikipedia • Help . Retrieved 24 May 2010. ^ "Nestlé partners with TFT (The Forest Trust) to combat deforestation". ^ Hickman. Retrieved 24 May 2010. ^ E.28. 30. Nestlé Press Office. The Independent. 29. "Online protest drives Nestlé to environmentally friendly palm oil". Coli Confirmed In Nestlé Samples External links Official website Article on ownership structure of Nestlé and L'Oréal Nestlé S.
Punjab. of Switzerland. beverages. The Company's activities in India have facilitated direct and indirect employment and provides livelihood to about one million people including farmers. scientific crop management practices and helping with the procurement of bank loans. when it began trading as The Nestlé Anglo-Swiss Condensed Milk Company (Export) Limited. Nestle India manufactures a variety of food products such as infant food. NESTEA. After India’s independence in 1947. MILKMAID. MILO. and chocolates & confectionary. From increasing the milk yield of their cows through improved dairy farming methods. but a thriving hub of industrial activity. KIT KAT. Nestlé responded to India’s aspirations by forming a company in India and set up its first factory in 1961 at Moga. importing and selling finished products in the Indian market. It helps the Company to create value that can be sustained over the long term by offering consumers a wide variety of high quality. Nestle was founded in 1867 in Geneva. but also instil amongst the community. NESTLÉ SLIM Milk. Nestlé has been a partner in India's growth for over nine decades now and has built a very special relationship of trust and commitment with the people of India. The Company continuously focuses its efforts to better understand the changing lifestyles of India and anticipate consumer needs in order to provide Taste. MILKMAID and NESTEA and in recent years the Company has also introduced products of daily consumption and use such as NESTLÉ Milk. MAGGI. services and other goods. Switzerland by Henri Nestle. KIT KAT. For more on Nestlé Agricultural Services. Some of the famous brands of Nestle are NESCAFE. a confidence in the dairy business. Nutrition. where the Government wanted Nestlé to develop the milk economy. MILO. Progress in Moga required the introduction of Nestlé’s Agricultural Services to educate. Health and Wellness through its product offerings. click here. prepared dishes & cooking aids. safe food products at affordable prices. advise and help the farmer in a variety of aspects. Nestle's first product was "Farine Lactee . Nestlé India manufactures products of truly international quality under internationally famous brand names such as NESCAFÉ. BAR-ONE. Nestle India is a subsidiary of Nestle S. Nestlé set up milk collection centres that would not only ensure prompt collection and pay fair prices.A. BAR-ONE. NESTLÉ Fresh 'n' Natural Dahi and NESTLÉ Jeera Raita. NESTLE Fresh 'n' Natural Dahi and NESTLE Jeera Raita. the economic policies of the Indian Government emphazised the need for local production. NESTLE SLIM Milk. to irrigation. The culture of innovation and renovation within the Company and access to the Nestlé Group's proprietary technology/Brands expertise and the extensive centralized Research and Development facilities gives it a distinct advantage in these efforts. MILKYBAR. NESTLE Milk. Progress involved the creation of prosperity on an on-going and sustainable basis that has resulted in not just the transformation of Moga into a prosperous and vibrant milk district today. MAGGI. Nestlé India is a responsible organization and facilitates initiatives that help to improve the quality of life in the communities where it operates. suppliers of packaging materials. milk products. as well.• • • • About Wikipedia Disclaimers Nestlé’s relationship with India dates back to 1912. MILKYBAR.
and Bicholim in 1995 and 1997 respectively. in 1993. Nestle set up milk collection centres that ensured prompt collection and paid fair prices. in response to the then economic policies.000 employees worldwide. Today. Nestle's relationship with India started 1912. when it began trading as The Nestle Anglo-Swiss Condensed Milk Company (Export) Limited. Nestle India is now putting up the 7th factory at Pant Nagar in Uttarakhand. Consequently.000 products to millions of consumers universally. Nestlé India’s first production facility. Nestle transformed Moga into a prosperous and vibrant milk district. . In 1967. operated 500 factories in approximately 100 countries and offers over 8. It has around 2. Nestle educated and advised farmers regarding basic farming and animal husbandry practices such as increasing the milk yield of the cows through improved dairy farming methods. set up in 1961 at Moga (Punjab).50. Uttarakhand. In 1905. an infant cereal. Thereafter. The Nestlé India head office is located in Gurgaon. in 1989.Nestle". In Moga. set up at Choladi (Tamil Nadu). Goa. The seventh factory was set up at Pantnagar. in 1995 and 1997 respectively. Nestlé India has presence across India with 7 manufacturing facilities and 4 branch offices spread across the region. Punjab. was followed soon after by its second plant. Mumbai. The 4 branch offices in the country help facilitate the sales and marketing of its products. importing and selling finished products in the Indian market. which emphasized local production. They are in Delhi.at Ponda and Bicholim. in 1967. Nestle India opened factories in Samalkha (Haryana). Thus. in 1993 and two in Goa at Ponda. where the Government wanted Nestle to develop the milk economy. Nestle is the world's largest and most diversified food company. and set up its first factory in 1961 at Moga. and Samalkha (Haryana). Nestle formed a company in India. Chennai and Kolkata. Nestle opened its third factor in Nanjangud (Karnataka) in 1989. today. Nestle acquired the Anglo-Swiss Condensed Milk Company. Haryana. namely Nestle India Ltd. This was succeeded by the commissioning of two more factories . scientific crop management practices etc. Nestle set up its next factory at Choladi (Tamil Nadu) as a pilot plant to process the tea grown in the area into soluble tea. Nestlé India set up factories in Nanjangud (Karnataka). in 2006. irrigation. After independence. Note: The above information was last updated on 21-07-2007 After nearly a century-old association with the country.
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