Nestlé
Nestlé's journey began with the merger of two Swiss companies, the "Anglo-Swiss Milk Company" and "Farine Lactée Henri Nestlé," in 1905. Since then, Nestlé has become the largest publicly held food company in the world, with a wide range of products sold in almost every corner of the world.
Nestlé's product portfolio includes a diverse range of food and drinks, including baby food, bottled water, coffee, tea, dairy products, ice cream, frozen food, pet food, and snacks. The company's well-known brands, such as Nespresso, Nescafé, Kit Kat, Smarties, and Maggi, generate over 1 billion CHF in sales annually. With operations in 189 countries and over 339,000 employees across 447 factories, Nestlé has established itself as a global player in the food and drink industry.
Over the years, Nestlé has acquired several companies, such as Crosse & Blackwell, Findus, Libby's, Rowntree Mackintosh, Klim, and Gerber, to expand its product offerings and diversify its business. In addition to its food and drink business, Nestlé also holds a significant stake in L'Oreal, the world's largest cosmetics company.
As one of the largest manufacturing companies in Switzerland, Nestlé has received criticism from some quarters for its marketing practices, environmental impact, and labor practices. However, the company has made efforts to address these concerns and has set several sustainability goals, such as achieving zero net greenhouse gas emissions by 2050 and making 100% of its packaging recyclable or reusable by 2025.
Founded: 1866
Headquarters: Vevey, Vaud, Switzerland
Website: https://www.nestle.com/