Nestlé Net Worth is$205.4 B
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Company Logo: Image:Nestlé.svg
Type: S.A. (corporation)
Traded As: NESN, isin
Foundation: Anglo-Swiss Condensed Milk Company, (1905)
Founder: Henri Nestlé, Charles Page, George Page
Location: Vevey, Switzerland
Area Served: Worldwide
Key People: Peter Brabeck-Letmathe (Chairman),
Industry: Food processing
Products: Baby food, coffee, dairy products, breakfast cereals, confectionery, bottled water, ice cream, pet foods (List of Nestlé brands)
Revenue: url
Operating Income: net income
Assets: equity
Num Employees: 328,000 (2012) Homepage: []
Intl: yes
NestlA(C) S.A. is a Swiss multinational nutritional and health-related consumer goods company headquartered in Vevey, Switzerland. It is the largest food company in the world measured by revenues.
NestlA(C)'s products include baby food, bottled water, breakfast cereals, coffee, confectionery, dairy products, ice cream, pet foods and snacks. 29 of NestlA(C)'s brands have annual sales of over 1 billion Swiss francs (about $ 1.1 billion), including Nespresso, NescafA(C), KitKat, Smarties, Nesquik, Stouffer's, Vittel, and Maggi. NestlA(C) has around 450 factories, operates in 86 countries, and employs around 328,000 people. It is one of the main shareholders of L'OrA(C)al, the world's largest cosmetics company.
NestlA(C) was formed in 1905 by the merger of the Anglo-Swiss Milk Company, established in 1866 by brothers George Page and Charles Page, and Farine LactA(C)e Henri NestlA(C), founded in 1866 by Henri NestlA(C). The company grew significantly during the First World War and again following the Second World War, expanding its offerings beyond its early condensed milk and infant formula products. The company has made a number of corporate acquisitions, including Crosse & Blackwell in 1950, Findus in 1963, Libby's in 1971, Rowntree Mackintosh in 1988 and Gerber in 2007.
NestlA(C) has a primary listing on the SIX Swiss Exchange and is a constituent of the Swiss Market Index. It has a secondary listing on Euronext. In 2011, NestlA(C) was listed No. 1 in the Fortune Global 500 as the world's most profitable corporation. With a market capitalization of $ 200 billion, NestlA(C) ranked No. 13 in the FT Global 2011.
NestlA(C)'s origins date back to 1866, when two separate Swiss enterprises were founded that would later form the core of NestlA(C). In the succeeding decades, the two competing enterprises aggressively expanded their businesses throughout Europe and the United States.
In August 1867 Charles (US consul in Switzerland) and George Page, two brothers

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Nestlé Latest News

Nestlé launches healthy kids program

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Posted: November 10, 2013, 10:10 am

Construction starts for new Nestle hub

Development Company, Cascade Group Jamaica is pumping $2 billion into the construction of a 7000 square meter distribution hub for Nestle Jamaica. The new construction — strategically located off the Mandela Highway — is the culmination of an eight ...
Posted: June 10, 2016, 1:46 am

Caffeine diplomacy: Nestlé to bring Cuban coffee to US

NEW YORK, United States (AFP) — Nestle announced on Monday it will reintroduce Cuban coffee to the US for the first time in more than 50 years following the easing of United States sanctions on Cuba. The Swiss food giant plans to sell Cuban coffee under ...
Posted: June 23, 2016, 10:10 pm
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