1 Introduction

1.1 Nestlé headquarter in Vevey

Two different Swiss businesses that would ultimately come together to become Nestlé were established in
1867, giving origin to the business. Charles A. and George Page, two brothers from Lee County, Illinois in
the United States, founded the Anglo-Swiss Condensed Milk Company in Cham in August of that year.
Henri Nestlé created a milk-based infant meal in September at Vevey, and he quickly started promoting it.
Both corporations quickly extended their operations across Europe and the US in the next decades. (Henri
Nestlé retired in 1875, although the business continued to be known as Farine Lactée Henri Nestlé under
new management.) Anglo-Swiss began producing infant meals with milk in 1877 and in the following
year the Nestlé company added condensed milk.

Nestlé Headquarters in Vevey, Vaud, Switzerland

It is the largest publicly held food company in the world, measured by revenue and other metrics, since
2014Nestlé's products include baby food, medical food, bottled water, breakfast cereals, coffee and
tea, confectionery, dairy products, ice cream, frozen food, pet foods, and snacks. Twenty-nine of
Nestlé's brands have annual sales of over 1 billion CHF (about US$1.1 billion) including Nespresso,
Nescafé, Kit Kat, Smarties, Nesquik, Stouffer's, Vittel, and Maggi. Nestlé has 447 factories, operates
in 189 countries, and employs around 339,000 people. It is one of the main shareholders of L’Oréal, the
world's largest cosmetics company.
 1.2 Henri Nestlé

As a result of the acquisition of the Fabrique de Produits Maggi SA (established 1884) and its holding
company, Alimentana SA of Kempttal, Switzerland, the firms combined in 1905 to form the Nestlé and
Anglo-Swiss Condensed Milk Company, which they kept using until 1947. Maggi was a well-known
producer of soup bases and associated products. The current name of the business was chosen in 1977.
The corporation had plants running in the United States, the United Kingdom, Germany, and Spain by the
turn of the century. Government contracts during World War I increased the need for dairy products, and
by the end of the war Nestlé's production had more than doubled. After the war, government contracts
dried up and consumers switched back to fresh milk. However, Nestlé's management responded quickly,
streamlining operations and reducing debt. The 1920s saw Nestlé's first expansion into new products, with
chocolate the company's second most important activity.

The company has been associated with various controversies, facing criticism and boycotts over its
marketing of baby formula as an alternative to breastfeeding in developing countries (where clean water
may be scarce).

2 Financial data of Nestle

3 Joint Ventures of Nestle

Joint ventures include:

 Cereal Partners Worldwide with General Mills (50%/50%)

 Beverage Partners Worldwide with The Coca-Cola Company (50%/50%), closed in 2018.
 Froneri with PAI Partners (50%/50%)
 Lactalis Nestlé Produits Frais with Lactalis (40%/60%)
 Nestlé Colgate-Palmolive with Colgate-Palmolive (50%/50%)
 Nestlé Indofood Citarasa Indonesia with Indofood (50%/50%)
 Nestlé Snow with Snow Brand Milk Products (50%/50%)
 Nestlé Modelo with Grupo Modelo
 Dairy Partners America Brasil with Fonterra (51%/49%)

4 Board of directors
The board is composed of:
  Paul Bulcke, chairman and former CEO of Nestlé
 Andreas Koopmann, former CEO of Bobst
 Beat Hess, former legal director/general counsel for ABB Group and Royal Dutch Shell
 Renato Fassbind, former CEO of DKSH and former CFO of Credit Suisse
 Steven George Hoch, founder of Highmount Capital
 Naina Lal Kidwai, former CEO of HSBC Bank India, country head for HSBC in India
 Jean-Pierre Roth, former chairman of the Swiss National Bank
 Ann Veneman, former United States Secretary of Agriculture and director of UNICEF
 Henri de Castries, former CEO and chairman of AXA
 Eva Cheng, former executive vice president of China and Southeast Asia for Amway
 Ruth Khasaya Oniang’o, former member of the Parliament of Kenya, current professor at
Friedman School of Nutrition Science and Policy
 Patrick Aebischer, former president of École Polytechnique Fédérale de Lausanne

5 Nestle Mission and Vission Statement

5.1 Mission Statement
Nestlé is the world's leading nutrition, health and wellness company. Nestle mission of "Good Food,
Good Life" is to provide consumers with the best tasting, most nutritious choices in a wide range of
food and beverage categories and eating occasions, from morning to night.

5.2 Vision statement

To be a leading, competitive, Nutrition, Health and Wellness Company delivering improved shareholder value
by being a preferred corporate citizen, preferred employer, preferred supplier selling preferred products.