Nestlé is one of the largest food processing companies in the world. Based in Switzerland, it manufactures baby food, breakfast cereals, confectioneries, ice cream, performance nutrition foods, dairy products, coffee, bottled water, frozen foods, drinks, health care nutrition foods, and pet foods.
Nestlé was founded by a pharmacist named Henri Nestlé in 1866 in Switzerland. He developed the first infant formula, Farine Lactee Henri Nestlé. In 1874, the business was sold to Jules Monnerat. In 1905, Nestlé merged with its competitor, Anglo – Swiss Condensed Milk Company. The name was changed to Nestlé and Anglo – Swiss Milk Company. The next few years saw great innovations, such as the discovery of milk chocolate. During the 1900s, the company expanded its business to Britain, Spain, and USA. By 1907, it opened a new manufacturing plant in Australia, and warehouses in Bombay, Hong Kong and Singapore. It survived World War I. By the end of the war, it had 40 manufacturing plants in total.
In 1930, it introduced Milo and Nescafe and by 1945, sales peaked to $225 million. The name of the company was changed to Nestlé Alimentana Company, after its merge with Alimentana S.A. in 1945. It also acquired Alcon Laboratories, Inc. In 1985, it acquired Carnation Company. In 2002, it also acquired Chef America, Inc. and Dreyer’s. During the mid 2000s, major acquisitions took place including Movenpick Ice cream, Uncle Toby’s and Jenny Craig. Nestlé also acquired the frozen pizza brand of Kraft in 2010, and announced a 10 billion Swiss Franc stock buy-back program.
Company headquarters: Vevey, Switzerland
Annual revenue: $109.72 billion
Number of employees: 281,000
Demography: Natural and Organic
Bottled water – Purelife, Poland Spring, Perrier, S. Pellegrino
Baby food – Cerelac, Graduates, Gerber, Nestum, Gerber, Naturnes
Chocolate and confectionery – Aero, Butterfinger, KitKat, Crunch, Cailler, Wonka, orion, Smarties
Cereals – CiniMinis, Chocapic, Estrelitas, CookieCrisp, Nesquik, Fitness
Culinary, chilled and frozen food – Buitoni, Hot Pockets, Herta, Maggi, Lean Cuisine, Thoumy, Stouffer’s
Coffee – Nescafe, Nescafe 3 in 1, Nescafe Classic, Nescafe Decaff, Nescafe Cappuccino, Nescafe Gold, Nespresso, Nescafe Dolce Gusto
Dairy – La Laitiere, Coffeemate, Carnation, Nido
Food service – Chef-mate, CHEF, Maggi, Lean Cuisine, Milo, Nescafe, MINOR’S, Sjora, Nestea, Stouffer’s
Drinks – Nestea, Nesquik, Milo, Juicy Juice
Healthcare nutrition – Boost, Resource, Nutren Junior, Peptamen AF
Sports nutrition – PowerBar
Ice cream – Haagen Daas, Dreyer’s, Extreme, Nestlé Ice cream, Movenpick
Weight Management – Jenny Craig
Pet care – Beneful, Alpo, Purina, Baker’s Complete, Chef Michael’s Canine Creations, Fancy Feast, Dog Chow, Friskies, Felix, Gourmet, Purina ONE, Purina PRO PLAN