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Wikipedia

Nestlé

January 01, 1970

"Nestle" redirects here. For other uses, see Nestle (disambiguation).

Nestlé S.A.[a] (/ˈnɛsleɪ, -li, -əl/ NESS-lay, -⁠lee, -⁠əl,[5] French: [nɛsle], German: [ˈnɛstlə] ⓘ) is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 2014.[6][7][8][9][10][excessive citations] It ranked No. 64 on the Fortune Global 500 in 2017.[11] In 2023, the company was ranked 50th in the Forbes Global 2000.[12]

Nestlé S.A.
Nestlé's Headquarters in Vevey, Vaud, Switzerland.
Formerly
List
    • Anglo-Swiss Condensed Milk Company (1866–1867)
    • Farine Lactée Henri Nestlé (1867–1905)
    • Nestlé and Anglo-Swiss Condensed Milk Company (1905–1947)
    • Nestlé Alimentana SA (1947–1977)
Company typePublic (SA)
SIX: NESN
ISINCH0038863350
IndustryFood processing
Founded1866; 158 years ago (1866) (for the Anglo-Swiss Condensed Milk Company branch)
FounderHenri Nestlé (for the Farine Lactée Henri Nestlé branch)
HeadquartersVevey, Switzerland
Area served
Worldwide
Key people
Products
BrandsList of Nestlé brands
Revenue CHF 92.998 billion (2023)[3]
CHF 14.520 billion (2023)[3]
CHF 11.209 billion (2023)[3]
Total assets CHF 126.550 billion (2023)[3]
Total equity CHF 36.387 billion (2023)[3]
Number of employees
270,000 (2023)[3]
SubsidiariesCereal Partners Worldwide (50%)
Websitenestle.com
Footnotes / references
[3][4]

Nestlé's products include baby food (some including human milk oligosaccharides), 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),[13] 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.[14] It is one of the main shareholders of L'Oreal, the world's largest cosmetics company.[15]

Nestlé was formed in 1905 by the merger of the "Anglo-Swiss Milk Company", which was established in 1866 by brothers George and Charles Page, and "Farine Lactée Henri Nestlé" founded in 1867 by Henri Nestlé.[16] The company grew significantly during World War I and again following World War II, 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 1960, Findus in 1963, Libby's in 1971, Rowntree Mackintosh in 1988, Klim in 1998, and Gerber in 2007.

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), its reliance on child labour in cocoa production, and its production and promotion of bottled water.

History

1866–1900: Founding and early years

 
Henri Nestlé (1814–1890), a German-born Swiss confectioner, was the founder of Nestlé and one of the main creators of condensed milk.

Nestlé's origin dates back to the 1860s when two separate Swiss enterprises were founded that would later form Nestlé. In the following decades, the two competing enterprises expanded their businesses throughout Europe and the United States.[17]

Timeline

  • 1866: Charles Page (US consul to Switzerland) and George Page, brothers from Lee County, Illinois established the Anglo-Swiss Condensed Milk Company in Cham, Switzerland. The company's first British operation was opened at Chippenham, Wiltshire in 1873.[18][19]
  • 1867: In Vevey, Switzerland, Henri Nestlé developed milk-based baby food and soon began marketing it. The following year, Daniel Peter began seven years of work perfecting the milk chocolate manufacturing process. Nestlé had the solution Peter needed to fix his problem of removing all the water from the milk added to his chocolate, thus preventing the product from developing mildew.
  • 1875: Henri Nestlé retired; the company, under new ownership, retained his name as Société Farine Lactée Henri Nestlé.[citation needed]
  • 1877: Anglo-Swiss added milk-based baby foods to its products; in the following year, the Nestlé Company added condensed milk to its portfolio, which made the firms direct rivals.
  • 1879: Nestlé merged with milk chocolate inventor Daniel Peter.[20]
  • 1890: Henri Nestlé died.

1901–1989: Mergers

In the late 19th and early 20th century, Henri Nestlé and his successors participated in the development of the chocolate industry in Switzerland, together with the Peter, Kohler, and Cailler families.[21] In 1904, Daniel Peter and Charles-Amédée Kohler (son of Charles-Amédée Kohler who founded a chocolate factory in 1830) became partners and founded the Société générale suisse des chocolats Peter et Kohler réunis. In 1911, the company created by Peter and Kohler merged with Cailler.[22] Alexandre Cailler (grandson of François-Louis Cailler) had founded a chocolate factory in Broc in 1898, still used by Nestlé today; which enabled the production of milk chocolate on a large scale. In 1929, Peter, Cailler, Kohler, Chocolats Suisses finally merged with the Nestlé group.[23][24] An earlier alliance in 1904 between Peter and Nestlé also allowed the production of milk chocolate in the United States, at the Fulton plant.[25]

In 1905, Nestlé and Anglo-Swiss merged to become the Nestlé and Anglo-Swiss Condensed Milk Company, retaining that name until 1947 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, Alimentana SA, of Kempttal, Switzerland. The company's current name was adopted in 1977. By the early 1900s, the company was operating factories in the United States, the United Kingdom, Germany, and Spain.[26] The First World War created a demand for dairy products in the form of government contracts, and by the end of the war, Nestlé's production had more than doubled.[citation needed]

 
A 1915 advertisement for "Nestlés Food", an early infant formula
 
Certificate for 100 shares of the Nestlé and Anglo-Swiss Condensed Milk Co., issued 1. November 1918

In January 1919, Nestlé bought two condensed milk plants in Oregon from the company Geibisch and Joplin for $250,000. One was in Bandon, while the other was in Milwaukie. They expanded them considerably, processing 250,000 pounds of condensed milk daily in the Bandon plant.[27]

 
Aleppo Nestlé building Tilal street 1920s

After the World War I, 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-manufacture becoming the company's second most important activity; white chocolate was created in the following decade. Louis Dapples was CEO till 1937 when succeeded by Édouard Muller till his death in 1948.

Nestlé felt the effects of the Second World War immediately. Profits dropped from US$20 million in 1938 to US$6 million in 1939.[28] Factories were established in developing countries, particularly in South America.[29] Ironically, the war helped with the introduction of the company's newest product, Nescafé ("Nestlé's Coffee"), which became a staple drink of the US military. Despite that, Nestlé actually supplied both sides in the war: the company had a contract to feed the German army. Nestlé's production and sales rose in the wartime economy.[29]

 
The logo that Nestlé used from 1938 to 1966[30]

The end of World War II was the beginning of a dynamic phase for Nestlé. Growth accelerated and numerous companies were acquired. In 1947 Nestlé merged with Maggi, a manufacturer of seasonings and soups. Crosse & Blackwell followed in 1950, as did Findus (1963), Libby's (1971), and Stouffer's (1973).[31] Diversification came under chairman & CEO Pierre Liotard-Vogt with a shareholding in L'Oreal in 1974 and the acquisition of Alcon Laboratories Inc. in 1977 for $280 million.[31]

In the 1980s, Nestlé's improved bottom line allowed the company to launch further acquisitions. Carnation was acquired for US$3 billion in 1984 and brought the evaporated milk brand, as well as Coffee-Mate and Friskies, to Nestlé. In 1986, the company founded Nestlé Nespresso S.A. The British confectionery company Rowntree Mackintosh was acquired in 1988 for $4.5 billion, which brought brands such as Kit Kat, Rolo, Smarties, and Aero.[32]

1990–2011: Growth internationally

The first half of the 1990s proved to be favourable for Nestlé. Trade barriers crumbled, and world markets developed into more or less integrated trading areas. Since 1996, there have been various acquisitions, including San Pellegrino (1997), D'Onofrio (1997), Spillers Petfoods (1998), and Ralston Purina (2002). There were two major acquisitions in North America, both in 2002 – in June, Nestlé merged its US ice cream business into Dreyer's, and in August, a US$2.6 billion acquisition was announced of Chef America, the creator of Hot Pockets. In the same time-frame, Nestlé entered in a joint bid with Cadbury and came close to purchasing the American company Hershey's, one of its fiercest confectionery competitors, but the deal eventually fell through.[33]

In December 2005, Nestlé bought the Greek company Delta Ice Cream for €240 million.[34] In January 2006, it took full ownership of Dreyer's, thus becoming the world's largest ice cream maker, with a 17.5% market share.[35] In June 2006, Nestlé purchased weight-loss company Jenny Craig for US$600 million.[36] In July 2007, completing a deal announced the year before, Nestlé acquired the Medical Nutrition division of Novartis Pharmaceutical for US$2.5 billion and also acquiring the milk-flavoring product known as Ovaltine, the "Boost" and "Resource" lines of nutritional supplements, and Optifast dieting products.[37]

 
The Brazilian president, Lula da Silva, inaugurates a factory in Feira de Santana (Bahia), in February 2007.

In April 2007, returning to its roots, Nestlé bought US baby-food manufacturer Gerber for US$5.5 billion.[38][39][40] In December 2007, Nestlé entered into a strategic partnership with a Belgian chocolate maker, Pierre Marcolini.[41]

Nestlé agreed to sell its controlling stake in Alcon to Novartis on 4 January 2010. The sale was to form part of a broader US$39.3 billion offer by Novartis for full acquisition of the world's largest eye-care company.[42] On 1 March 2010, Nestlé concluded the purchase of Kraft Foods's North American frozen pizza business for US$3.7 billion.

Since 2010, Nestlé has been working to transform itself into a nutrition, health and wellness company in an effort to combat declining confectionery sales and the threat of expanding government regulation of such foods. This effort is being led through the Nestlé Institute of Health Sciences under the direction of Ed Baetge. The institute aims to develop "a new industry between food and pharmaceuticals" by creating foodstuffs with preventive and corrective health properties that would replace pharmaceutical drugs from pill bottles. The Health Science branch has already produced several products, such as drinks and protein shakes meant to combat malnutrition, diabetes, digestive health, obesity, and other diseases.[43]

It acquired British pharmaceutical company Vitaflo, which makes clinical nutritional products for people with genetic disorders, in August of 2010.[44] In July 2011, Nestlé SA agreed to buy 60 percent of Hsu Fu Chi International Ltd. for about US$1.7 billion.[45] On 23 April 2012, Nestlé agreed to acquire Pfizer Inc.'s infant-nutrition, formerly Wyeth Nutrition, unit for US$11.9 billion, topping a joint bid from Danone and Mead Johnson.[46][47][48]

2012–present

In recent years, Nestlé Health Science has made several acquisitions: CM&D Pharma Ltd., a company that specialises in the development of products for patients with chronic conditions like kidney disease; and Prometheus Laboratories, a firm specialising in treatments for gastrointestinal diseases and cancer. It also holds a minority stake in Vital Foods, a New Zealand-based company that develops kiwifruit-based food products as of 2012.[49]

Nestlé sold its Jenny Craig business unit to North Castle Partners in 2013.[50] In February 2013, Nestlé Health Science bought Pamlab, which makes medical foods based on L-methylfolate targeting depression, diabetes, and memory loss.[51] In February 2014, Nestlé sold its PowerBar sports nutrition business to Post Holdings, Inc.[52] Later, in November 2014, Nestlé announced that it was exploring strategic options for its frozen food subsidiary, Davigel.[53]

In December 2014, Nestlé announced that it was opening 10 skin care research centres worldwide, deepening its investment in a faster-growing market for healthcare products. That year, Nestlé spent about $350 million on dermatology research and development. The first of the research hubs, Nestlé Skin Health Investigation, Education and Longevity Development (SHIELD) centres, will open mid 2015 in New York, followed by Hong Kong and São Paulo, and later others in North America, Asia, and Europe. The initiative is being launched in partnership with the Global Coalition on Aging (GCOA), a consortium that includes companies such as Intel and Bank of America.[54]

In January 2017, Nestlé announced that it was relocating its US headquarters from Glendale, California, to Rosslyn, Virginia, outside of Washington, DC.[55]

In March 2017, Nestlé announced that they will lower the sugar content in Kit Kat, Yorkie and Aero chocolate bars by 10% by 2018.[56] In July, a similar announcement followed concerning the reduction of sugar content in its breakfast cereals in the UK.[57]

The company announced a $20.8 billion share buyback in June 2017, following the publication of a letter written by Third Point Management founder Daniel S. Loeb, Nestlé's fourth-largest stakeholder with a $3.5 billion stake,[58] explaining how the firm should change its business structure.[59] Consequently, the firm will reportedly focus investment on sectors such as coffee and pet care and will seek acquisitions in the consumer health-care industry.[59]

In 2016, Nestlé and PAI Partners establish a joint venture, Froneri, to combine the two companies' ice cream activities throughout Europe and other international countries.[60]

In July 2017, Nestlé introduced a new type of infant formula in Spain, containing two human milk oligosaccharides.[61] Oligosaccharides are the third most abundant components of breast milk with various health benefits, but previously were not part of infant formula.

In September 2017, Nestlé S.A. acquired a majority stake of Blue Bottle Coffee.[62] While the deal's financial details were not disclosed, the Financial Times reported "Nestlé is understood to be paying up to $500m for the 68 per cent stake in Blue Bottle".[63]

In September 2017, Nestlé USA agreed to acquire Sweet Earth, a California-based producer of plant-based foods, for an undisclosed sum.[64]

In January 2018, Nestlé USA announced it was selling its US confectionary business to Ferrara Candy Company, an Italian chocolate and candy maker.[65] The company was sold for a total of an estimated $2.8 billion.[65]

In May 2018, it was announced that Nestlé and Starbucks struck a $7.15 billion distribution deal, which allows Nestlé to market, sell and distribute Starbucks coffee globally and to incorporate the brand's coffee varieties into Nestlé's proprietary single-serve system, expanding the overseas markets for both companies.[66]

Nestlé set a new profit target in September 2017 and agreed to offload over 20 of its US candy brands in January 2018. However, sales grew only 2.4% in 2017, and as of July 2018, the share price declined more than 8%. While some suggestions were adopted, Loeb said in a July 2018 letter that the shifts are too small and too slow. In a statement, Nestlé wrote that it was "delivering results" and listed actions it had taken, including investing in key brands and its global coffee partnership with Starbucks. However, activist investors disagreed, leading Third Point Management to launch NestleNOW, a website to push its case with recommendations calling for change, accusing Nestlé of not being as fast, aggressive, or strategic as it needs to be. Activist investors called for Nestlé to divide into three units with distinct CEOs, regional structures, and marketing heads - beverage, nutrition, and grocery; spin off more businesses that do not fit its model such as ice cream, frozen foods, and confectionery; and add an outsider with expertise in the food and beverage industry to the board.[67][68]

In September 2018, Nestlé announced that it would sell Gerber Life Insurance for $1.55 billion.[69][70]

In October 2018, Nestlé announced the launch of the Nestlé Alumni Network, through a strategic partnership with SAP & EnterpriseAlumni, to engage with their over 1 million alumni globally.[71]

In 2019, the company announced that it would publish Nutri-Score on all of its products sold in the European countries that supported the nutritional label.[72]

In 2020, Nestlé USA's and Nestlé Canada's ice cream divisions were acquired by Froneri.[73] Also during that year, Nestlé announced that the company wants to invest in plant-based food, starting with a "tuna salad" and meat-free products to engage and reach younger and vegan consumers.[74]

Nestle is expanding manufacturing capacity in India and increasing investments — the company will invest between ₹60-65 billion ($723-783 million) from 2020 to 2025.[75]

On 16 February 2021, Nestlé announced that it had agreed to sell its water brands in the US and Canada to One Rock Capital Partners and Metropoulos & Co. The sale would include the spring water and mountain brands, the purified water brand and the delivery service. The plan did not include the Perrier, S.Pellegrino and Acqua Panna brands.[76][77] In early April 2021, the sale was concluded.[78]

The COVID-19 pandemic did not affect Nestlé negatively. Due to lockdowns, people bought more packaged foods, not only coffee and dairy products, but also pet products, which increased the company's sales. Nestlé is recording its strongest quarterly sales growth in 10 years.[79]

In April 2021, Nestlé agreed to purchase the vitamin manufacturing Bountiful Company, formerly known as The Nature's Bounty Co., for $5.75 billion, noting as well that much of the company's[which?] growth that quarter came from "vitamins, minerals, and supplements that support health and the immune system". Bountiful's brands included Nature's Bounty, Solgar, Osteo Bi-Flex, and Puritan's Pride.[80][81][82]

In July 2021, Vitaflo International Ltd. (subsidiary to Nestlé Health Science since 2010) acquired the Dr. Schär brands, Mevalia and ComidaMed, wich are used for the dietary management of IEM and cow’s milk protein allergy to complement Vitaflo’s existing IEM product portfolio.[83]

In January 2022, Nestlé will pay cocoa farmers cash if they send their children to school.[84]

In May 2022, it was announced Nestlé's Health Science unit had acquired the Brazilian organic, natural, plant-based food maker Puravida.[85]

In May 2022, Nestlé was sending baby formula supplies to the U.S. from European air bases to ease the 2022 United States infant formula shortage. These relief shipments included products from the Gerber baby food formula brand from the Netherlands and Alfamino baby formula from Switzerland.[86]

In September 2023, it was announced Nestlé had acquired a majority stake in the Extrema, Minas Gerais-headquartered premium chocolate manufacturer, Grupo CRM for an undisclosed amount.[87]

Following the 2022 Russian invasion of Ukraine, the company continued doing business in Russia; therefore in November 2023, Ukraine's National Agency on Corruption Prevention listed Nestlé as an International Sponsor of War. Nestle stated that it had already "halted all non-essential imports and exports to and from Russia".[88]

Corporate affairs and governance

 
Nestlé Japan headquarters in Nestlé House building, Kobe, Japan
 
Nestlé USA headquarters at 1812 N Moore in Arlington, Virginia

Capital ownership of Nestlé by country of origin as of 2023:[89]

  Switzerland (46.6%)
  United States (31.2%)
  All others (22.2%)

Nestlé is the biggest food company in the world, with a market capitalisation of roughly 231 billion Swiss francs, which is more than US$247 billion as of May 2015.[90] Nestlé has a primary listing on the SIX Swiss Exchange and is a constituent of the Swiss Market Index. It previously had a secondary listing on Euronext.

In 2014, consolidated sales were CHF 91.61 billion and net profit was CHF 14.46 billion. Research and development investment was CHF 1.63 billion.[91]

  • Sales per category in CHF[92][14]
    • 20.3 billion powdered and liquid beverages
    • 16.7 billion milk products and ice cream
    • 13.5 billion prepared dishes and cooking aids
    • 13.1 billion nutrition and health science
    • 11.3 billion pet care
    • 9.6 billion confectionery
    • 6.9 billion water
  • Percentage of sales by geographic area breakdown[92][14]
    • 43% from Americas
    • 28% from Europe
    • 29% from Asia, Oceania and Africa

According to a 2015 global survey of online consumers by the Reputation Institute, Nestlé has a reputation score of 74.5 on a scale of 1 to 100.[93]

Financial data

Financial data in billions of CHF[94]
Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Revenue 83.642 92.186 92.158 91.612 88.785 89.469 89.791 91.439 92.568 84.343 87.088
Net income 9.487 10.611 10.015 14.456 9.066 8.531 7.183 10.135 12.609 12.232 17.196
Assets 114.091 126.229 120.442 133.450 123.992 131.901 130.380 137.015 127.940 124.028 139.142
Employees 328,000 339,000 333,000 339,000 335,000 328,000 323,000 308,000 291,000 273,000 276,000

Joint ventures

Joint ventures include:

Board of directors

As of 2017, the board is composed of:[101]

Lobbying

The company engages third party lobbying firms to engage with parliaments and governments in various jurisdictions. For example, in South Australia the company engages Etched Communications.[102] In the US, Nestlé has a strong influence in Washington, D.C. From 2015 to 2020 their average spend on lobbying was $1,951,667 each year.[103]

Products

Main article: List of Nestlé brands
 
Samples of Nestlé Toll House Cafe items in 2012

Nestlé currently has over 2,000 brands[104][105] with a wide range of products across a number of markets, including coffee, bottled water, milkshakes and other beverages, breakfast cereals, infant foods, performance and healthcare nutrition, seasonings, soups and sauces, frozen and refrigerated foods, and pet food.[14] In 2019, the company entered the plant-based food production business with its Incredible and Awesome Burgers (under the Garden Gourmet and Sweet Earth brands). In 2020, Nestlé announced additional plant-based products including soy-based bratwurst and chorizo-like sausages.[106]

Sponsorships

Music and entertainment

In 1993, plans were made to update and modernise the overall tone of Walt Disney's EPCOT Center, including a major refurbishment of The Land pavilion. Kraft Foods withdrew its sponsorship on 26 September 1993, with Nestlé taking its place. Co-financed by Nestlé and the Walt Disney World Resort, a gradual refurbishment of the pavilion began on 27 September 1993.[107] In 2003, Nestlé renewed its sponsorship of The Land; however, it was under agreement that Nestlé would oversee its own refurbishment to both the interior and exterior of the pavilion. Between 2004 and 2005, the pavilion underwent its second major refurbishment. Nestlé stopped sponsoring The Land in 2009.[108]

On 5 August 2010, Nestlé and the Beijing Music Festival signed an agreement to extend by three years Nestlé's sponsorship of this international music festival. Nestlé has been an extended sponsor of the Beijing Music Festival for 11 years since 2000. The new agreement will continue the partnership through 2013.[109]

Nestlé has partnered the Salzburg Festival in Austria for 20 years. In 2011, Nestlé renewed its sponsorship of the Salzburg Festival until 2015.[110]

Together, they have created the "Nestlé and Salzburg Festival Young Conductors Award", an initiative that aims to discover young conductors globally and to contribute to the development of their careers.[111]

Sports

Nestlé's sponsorship of the Tour de France began in 2001 and the agreement was extended in 2004, a move which demonstrated the company's interest in the Tour. In July 2009, Nestlé Waters and the organisers of the Tour de France announced that their partnership will continue until 2013. The main promotional benefits of this partnership will spread on four key brands from Nestlé's product portfolio: Vittel, Powerbar, Nesquik, or Ricore.[112]

On 27 January 2012, the International Association of Athletics Federations announced that Nestlé will be the main sponsor for the further development of IAAF's Kids' Athletics Programme, which is one of the biggest grassroots development programmes in the world of sports. The five-year sponsorship started in January 2012.[113] On 11 February 2016, Nestlé decided to withdraw its sponsorship of the IAAF's Kids' Athletics Programmes because of doping and corruption allegations against the IAAF. Nestlé followed suit after other large sponsors, including Adidas, also stopped supporting the IAAF.[114]

In 2014, Nestlé Waters sponsored the UK leg of the Tour de France through its Buxton Natural Mineral Water brand.[115] In 2002, Nestlé announced it was main sponsor for the Great Britain Lionesses Women's rugby league team for the team's second tour of Australia with its Munchies product.[116]

Nestlé supports the Australian Institute of Sport (AIS) on a number of nutrition and fitness fronts, funding a Fellowship position in AIS Sports Nutrition; nutrition activities in the AIS Dining Hall; research activities; and the development of education resources for use at the AIS and in the public domain.[117]

Controversies and criticisms

Main article: Controversies of Nestlé

Baby formula marketing

Concern about Nestlé's "aggressive marketing" of their breast milk substitutes, particularly in less economically developed countries (LEDCs), first arose in the 1970s.[118] Critics have accused Nestlé of discouraging mothers from breastfeeding and suggesting that their baby formula is healthier than breastfeeding.[119] This led to a boycott in the United States and Europe.[120][121]

Slavery and child labour

Multiple reports have documented the widespread use of child labour in cocoa production, as well as slavery and child trafficking, throughout West African plantations, on which Nestlé and other major chocolate companies rely.[122][123][124][125][126]

Food safety

In late September 2008, the Hong Kong government found melamine in a Chinese-made Nestlé milk product. Six infants died from kidney damage, and a further 860 babies were hospitalised.[127][128]

In June 2009, an outbreak of E. coli O157:H7 was linked to Nestlé's refrigerated cookie dough originating in a plant in Danville, Virginia.[129]

In May 2015, food safety regulators from the state of Uttar Pradesh, India, found that samples of Nestlé India's Maggi noodles had up to 17 times more than the permissible safe amount of lead, in addition to monosodium glutamate.[130][131][132]

Water

At the second World Water Forum in 2000, Nestlé and other corporations persuaded the World Water Council to change its statement so as to reduce access to drinking water from a "right" to a "need". Nestlé continues to take control of aquifers and bottle their water for profit.[133]

A coalition of environmental groups filed a complaint against Nestlé to the Advertising Standards of Canada after Nestlé took out full-page advertisements in October 2008 with messages claiming, "Most water bottles avoid landfill sites and are recycled", "Nestlé Pure Life is a healthy, eco-friendly choice", and, "Bottled water is the most environmentally responsible consumer product in the world."[134][135][136]

Corporate social responsibility and recognition

In March 2011, Nestlé became the first infant formula company to meet the FTSE4Good Index criteria in full.[137]

Sustainability

In May 2006, Nestlé's executive board adapted the existing Nestlé management systems to full conformity with the international standards ISO 14001 (Environmental Management Systems) and OHSAS 18001 (Occupational Health and Safety Management Systems) and to certify all Nestlé factories against these standards by 2010.[138]

In October 2009, Nestlé announced "The Cocoa Plan" to get 100 percent of its chocolate portfolio using certified sustainable cocoa. For third-party certification, Nestlé has partnered with UTZ Certified. Many of Nestlé's efforts are focused on the Ivory Coast, where 40 percent of the world's cocoa comes from. The company has developed a higher-yielding, more drought- and disease-resistant cocoa tree; and they have given 3 million of these trees to farmers thus far and plan[when?] to give away 12 million of them in total. They are also training farmers in efficient and sustainable growing techniques, which focuses on better farming practices, including pruning trees, pest control (with an emphasis on integrated pest management) and harvesting, as well as caring for the environment. In addition, they have built 23 new schools so far and plan to build 40 in total by 2015.[139][needs update] Another part of the plan has been to address child labor. Nestlé says that according to US statistics, there are about 800,000 children who work the cocoa supply chain. Nestlé approached the Fair Labor Association to map out strategies to help curb child labor in the cocoa sector, and these efforts – including community education and the building of schools – have become a focus of the Cocoa Plan.[139]

In 2020, Nestlé Waters joined a consortium to boost PET plastic recyclability.[140]

Economy and Development

Nestlé also established the Creating Shared Value Prize, which is awarded every other year with the aim of rewarding the best examples of CSV initiatives worldwide and to encourage other companies to adopt a shared value approach. These initiatives should take a business-oriented approach in addressing challenges in nutrition, water or rural development. The winner can win up to CHF 500,000. Nestlé was an early mover in the shared value space and hosts a global forum, the Creating Shared Value Global Forum.[141][142]

Rural Development Framework program: In 2012, Nestlé developed the Rural Development Framework, which supports farmers and cocoa growing communities.[143] It is an investment program aimed at improving infrastructure, increasing access to safe water, address financing and market efficiency gaps, and improving labor conditions.[144]

Public health

Health care and nutrition product development: In September 2010, Nestlé said that it would invest more than $500 million between 2011 and 2020 to develop health and wellness products to help prevent and treat major ailments like diabetes, obesity, cardiovascular disease, and Alzheimer's. Nestlé created a wholly owned subsidiary, Nestlé Health Science, as well as a research body, the Nestlé Institute of Health Sciences.[145]

Awards

Year Brand Award Result
2010 Nestlé Purina Malcolm Baldrige National Quality Award Won
2010 — IUoFST Gold Food Industry Award[146] Won
2011 — World Environment Center Gold Medal Award Won
2014 — Henry Spira Corporate Progress Award Won

See also

Competitors

Explanatory notes

  1. ^ Not to be confused with Société des Produits Nestlé S.A., the group's intellectual property-holding subsidiary

References

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January 01, 1970
nestlé, nestle, redirects, here, other, uses, nestle, disambiguation, ness, french, nɛsle, german, ˈnɛstlə, swiss, multinational, food, drink, processing, conglomerate, corporation, headquartered, vevey, switzerland, been, largest, publicly, held, food, compan. Nestle redirects here For other uses see Nestle disambiguation Nestle S A a ˈ n ɛ s l eɪ l i el NESS lay lee el 5 French nɛsle German ˈnɛstle is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey Switzerland It has been the largest publicly held food company in the world measured by revenue and other metrics since 2014 6 7 8 9 10 excessive citations It ranked No 64 on the Fortune Global 500 in 2017 11 In 2023 the company was ranked 50th in the Forbes Global 2000 12 Nestle S A Nestle s Headquarters in Vevey Vaud Switzerland FormerlyList Anglo Swiss Condensed Milk Company 1866 1867 Farine Lactee Henri Nestle 1867 1905 Nestle and Anglo Swiss Condensed Milk Company 1905 1947 Nestle Alimentana SA 1947 1977 Company typePublic SA Traded asSIX NESNISINCH0038863350IndustryFood processingFounded1866 158 years ago 1866 for the Anglo Swiss Condensed Milk Company branch FounderHenri Nestle for the Farine Lactee Henri Nestle branch HeadquartersVevey SwitzerlandArea servedWorldwideKey peoplePaul Bulcke 1 chairman Ulf Mark Schneider 1 CEO David McDaniel 2 CFO ProductsBaby foodcoffeedairy productsbreakfast cerealsconfectionerybottled waterice creampet foodsdietary supplementsprotein supplementsBrandsList of Nestle brandsRevenueCHF 92 998 billion 2023 3 Operating incomeCHF 14 520 billion 2023 3 Net incomeCHF 11 209 billion 2023 3 Total assetsCHF 126 550 billion 2023 3 Total equityCHF 36 387 billion 2023 3 Number of employees270 000 2023 3 SubsidiariesCereal Partners Worldwide 50 Websitenestle comFootnotes references 3 4 Nestle s products include baby food some including human milk oligosaccharides medical food bottled water breakfast cereals coffee and tea confectionery dairy products ice cream frozen food pet foods and snacks Twenty nine of Nestle s brands have annual sales of over 1 billion CHF about US 1 1 billion 13 including Nespresso Nescafe Kit Kat Smarties Nesquik Stouffer s Vittel and Maggi Nestle has 447 factories operates in 189 countries and employs around 339 000 people 14 It is one of the main shareholders of L Oreal the world s largest cosmetics company 15 Nestle was formed in 1905 by the merger of the Anglo Swiss Milk Company which was established in 1866 by brothers George and Charles Page and Farine Lactee Henri Nestle founded in 1867 by Henri Nestle 16 The company grew significantly during World War I and again following World War II expanding its offerings beyond its early condensed milk and infant formula products The company has made a number of corporate acquisitions including Crosse amp Blackwell in 1960 Findus in 1963 Libby s in 1971 Rowntree Mackintosh in 1988 Klim in 1998 and Gerber in 2007 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 its reliance on child labour in cocoa production and its production and promotion of bottled water Contents 1 History 1 1 1866 1900 Founding and early years 1 1 1 Timeline 1 2 1901 1989 Mergers 1 3 1990 2011 Growth internationally 1 4 2012 present 2 Corporate affairs and governance 2 1 Financial data 2 2 Joint ventures 2 3 Board of directors 2 4 Lobbying 3 Products 4 Sponsorships 4 1 Music and entertainment 4 2 Sports 5 Controversies and criticisms 5 1 Baby formula marketing 5 2 Slavery and child labour 5 3 Food safety 5 4 Water 6 Corporate social responsibility and recognition 6 1 Sustainability 6 2 Economy and Development 6 3 Public health 7 Awards 8 See also 9 Explanatory notes 10 References 11 External linksHistory1866 1900 Founding and early years nbsp Henri Nestle 1814 1890 a German born Swiss confectioner was the founder of Nestle and one of the main creators of condensed milk Nestle s origin dates back to the 1860s when two separate Swiss enterprises were founded that would later form Nestle In the following decades the two competing enterprises expanded their businesses throughout Europe and the United States 17 Timeline 1866 Charles Page US consul to Switzerland and George Page brothers from Lee County Illinois established the Anglo Swiss Condensed Milk Company in Cham Switzerland The company s first British operation was opened at Chippenham Wiltshire in 1873 18 19 1867 In Vevey Switzerland Henri Nestle developed milk based baby food and soon began marketing it The following year Daniel Peter began seven years of work perfecting the milk chocolate manufacturing process Nestle had the solution Peter needed to fix his problem of removing all the water from the milk added to his chocolate thus preventing the product from developing mildew 1875 Henri Nestle retired the company under new ownership retained his name as Societe Farine Lactee Henri Nestle citation needed 1877 Anglo Swiss added milk based baby foods to its products in the following year the Nestle Company added condensed milk to its portfolio which made the firms direct rivals 1879 Nestle merged with milk chocolate inventor Daniel Peter 20 1890 Henri Nestle died 1901 1989 Mergers In the late 19th and early 20th century Henri Nestle and his successors participated in the development of the chocolate industry in Switzerland together with the Peter Kohler and Cailler families 21 In 1904 Daniel Peter and Charles Amedee Kohler son of Charles Amedee Kohler who founded a chocolate factory in 1830 became partners and founded the Societe generale suisse des chocolats Peter et Kohler reunis In 1911 the company created by Peter and Kohler merged with Cailler 22 Alexandre Cailler grandson of Francois Louis Cailler had founded a chocolate factory in Broc in 1898 still used by Nestle today which enabled the production of milk chocolate on a large scale In 1929 Peter Cailler Kohler Chocolats Suisses finally merged with the Nestle group 23 24 An earlier alliance in 1904 between Peter and Nestle also allowed the production of milk chocolate in the United States at the Fulton plant 25 In 1905 Nestle and Anglo Swiss merged to become the Nestle and Anglo Swiss Condensed Milk Company retaining that name until 1947 when the name Nestle Alimentana SA was taken as a result of the acquisition of Fabrique de Produits Maggi SA founded 1884 and its holding company Alimentana SA of Kempttal Switzerland The company s current name was adopted in 1977 By the early 1900s the company was operating factories in the United States the United Kingdom Germany and Spain 26 The First World War created a demand for dairy products in the form of government contracts and by the end of the war Nestle s production had more than doubled citation needed nbsp A 1915 advertisement for Nestles Food an early infant formula nbsp Certificate for 100 shares of the Nestle and Anglo Swiss Condensed Milk Co issued 1 November 1918 In January 1919 Nestle bought two condensed milk plants in Oregon from the company Geibisch and Joplin for 250 000 One was in Bandon while the other was in Milwaukie They expanded them considerably processing 250 000 pounds of condensed milk daily in the Bandon plant 27 nbsp Aleppo Nestle building Tilal street 1920s After the World War I government contracts dried up and consumers switched back to fresh milk However Nestle s management responded quickly streamlining operations and reducing debt The 1920s saw Nestle s first expansion into new products with chocolate manufacture becoming the company s second most important activity white chocolate was created in the following decade Louis Dapples was CEO till 1937 when succeeded by Edouard Muller till his death in 1948 Nestle felt the effects of the Second World War immediately Profits dropped from US 20 million in 1938 to US 6 million in 1939 28 Factories were established in developing countries particularly in South America 29 Ironically the war helped with the introduction of the company s newest product Nescafe Nestle s Coffee which became a staple drink of the US military Despite that Nestle actually supplied both sides in the war the company had a contract to feed the German army Nestle s production and sales rose in the wartime economy 29 nbsp The logo that Nestle used from 1938 to 1966 30 The end of World War II was the beginning of a dynamic phase for Nestle Growth accelerated and numerous companies were acquired In 1947 Nestle merged with Maggi a manufacturer of seasonings and soups Crosse amp Blackwell followed in 1950 as did Findus 1963 Libby s 1971 and Stouffer s 1973 31 Diversification came under chairman amp CEO Pierre Liotard Vogt with a shareholding in L Oreal in 1974 and the acquisition of Alcon Laboratories Inc in 1977 for 280 million 31 In the 1980s Nestle s improved bottom line allowed the company to launch further acquisitions Carnation was acquired for US 3 billion in 1984 and brought the evaporated milk brand as well as Coffee Mate and Friskies to Nestle In 1986 the company founded Nestle Nespresso S A The British confectionery company Rowntree Mackintosh was acquired in 1988 for 4 5 billion which brought brands such as Kit Kat Rolo Smarties and Aero 32 1990 2011 Growth internationally The first half of the 1990s proved to be favourable for Nestle Trade barriers crumbled and world markets developed into more or less integrated trading areas Since 1996 there have been various acquisitions including San Pellegrino 1997 D Onofrio 1997 Spillers Petfoods 1998 and Ralston Purina 2002 There were two major acquisitions in North America both in 2002 in June Nestle merged its US ice cream business into Dreyer s and in August a US 2 6 billion acquisition was announced of Chef America the creator of Hot Pockets In the same time frame Nestle entered in a joint bid with Cadbury and came close to purchasing the American company Hershey s one of its fiercest confectionery competitors but the deal eventually fell through 33 In December 2005 Nestle bought the Greek company Delta Ice Cream for 240 million 34 In January 2006 it took full ownership of Dreyer s thus becoming the world s largest ice cream maker with a 17 5 market share 35 In June 2006 Nestle purchased weight loss company Jenny Craig for US 600 million 36 In July 2007 completing a deal announced the year before Nestle acquired the Medical Nutrition division of Novartis Pharmaceutical for US 2 5 billion and also acquiring the milk flavoring product known as Ovaltine the Boost and Resource lines of nutritional supplements and Optifast dieting products 37 nbsp The Brazilian president Lula da Silva inaugurates a factory in Feira de Santana Bahia in February 2007 In April 2007 returning to its roots Nestle bought US baby food manufacturer Gerber for US 5 5 billion 38 39 40 In December 2007 Nestle entered into a strategic partnership with a Belgian chocolate maker Pierre Marcolini 41 Nestle agreed to sell its controlling stake in Alcon to Novartis on 4 January 2010 The sale was to form part of a broader US 39 3 billion offer by Novartis for full acquisition of the world s largest eye care company 42 On 1 March 2010 Nestle concluded the purchase of Kraft Foods s North American frozen pizza business for US 3 7 billion Since 2010 Nestle has been working to transform itself into a nutrition health and wellness company in an effort to combat declining confectionery sales and the threat of expanding government regulation of such foods This effort is being led through the Nestle Institute of Health Sciences under the direction of Ed Baetge The institute aims to develop a new industry between food and pharmaceuticals by creating foodstuffs with preventive and corrective health properties that would replace pharmaceutical drugs from pill bottles The Health Science branch has already produced several products such as drinks and protein shakes meant to combat malnutrition diabetes digestive health obesity and other diseases 43 It acquired British pharmaceutical company Vitaflo which makes clinical nutritional products for people with genetic disorders in August of 2010 44 In July 2011 Nestle SA agreed to buy 60 percent of Hsu Fu Chi International Ltd for about US 1 7 billion 45 On 23 April 2012 Nestle agreed to acquire Pfizer Inc s infant nutrition formerly Wyeth Nutrition unit for US 11 9 billion topping a joint bid from Danone and Mead Johnson 46 47 48 2012 present In recent years Nestle Health Science has made several acquisitions CM amp D Pharma Ltd a company that specialises in the development of products for patients with chronic conditions like kidney disease and Prometheus Laboratories a firm specialising in treatments for gastrointestinal diseases and cancer It also holds a minority stake in Vital Foods a New Zealand based company that develops kiwifruit based food products as of 2012 49 Nestle sold its Jenny Craig business unit to North Castle Partners in 2013 50 In February 2013 Nestle Health Science bought Pamlab which makes medical foods based on L methylfolate targeting depression diabetes and memory loss 51 In February 2014 Nestle sold its PowerBar sports nutrition business to Post Holdings Inc 52 Later in November 2014 Nestle announced that it was exploring strategic options for its frozen food subsidiary Davigel 53 In December 2014 Nestle announced that it was opening 10 skin care research centres worldwide deepening its investment in a faster growing market for healthcare products That year Nestle spent about 350 million on dermatology research and development The first of the research hubs Nestle Skin Health Investigation Education and Longevity Development SHIELD centres will open mid 2015 in New York followed by Hong Kong and Sao Paulo and later others in North America Asia and Europe The initiative is being launched in partnership with the Global Coalition on Aging GCOA a consortium that includes companies such as Intel and Bank of America 54 In January 2017 Nestle announced that it was relocating its US headquarters from Glendale California to Rosslyn Virginia outside of Washington DC 55 In March 2017 Nestle announced that they will lower the sugar content in Kit Kat Yorkie and Aero chocolate bars by 10 by 2018 56 In July a similar announcement followed concerning the reduction of sugar content in its breakfast cereals in the UK 57 The company announced a 20 8 billion share buyback in June 2017 following the publication of a letter written by Third Point Management founder Daniel S Loeb Nestle s fourth largest stakeholder with a 3 5 billion stake 58 explaining how the firm should change its business structure 59 Consequently the firm will reportedly focus investment on sectors such as coffee and pet care and will seek acquisitions in the consumer health care industry 59 In 2016 Nestle and PAI Partners establish a joint venture Froneri to combine the two companies ice cream activities throughout Europe and other international countries 60 In July 2017 Nestle introduced a new type of infant formula in Spain containing two human milk oligosaccharides 61 Oligosaccharides are the third most abundant components of breast milk with various health benefits but previously were not part of infant formula In September 2017 Nestle S A acquired a majority stake of Blue Bottle Coffee 62 While the deal s financial details were not disclosed the Financial Times reported Nestle is understood to be paying up to 500m for the 68 per cent stake in Blue Bottle 63 In September 2017 Nestle USA agreed to acquire Sweet Earth a California based producer of plant based foods for an undisclosed sum 64 In January 2018 Nestle USA announced it was selling its US confectionary business to Ferrara Candy Company an Italian chocolate and candy maker 65 The company was sold for a total of an estimated 2 8 billion 65 In May 2018 it was announced that Nestle and Starbucks struck a 7 15 billion distribution deal which allows Nestle to market sell and distribute Starbucks coffee globally and to incorporate the brand s coffee varieties into Nestle s proprietary single serve system expanding the overseas markets for both companies 66 Nestle set a new profit target in September 2017 and agreed to offload over 20 of its US candy brands in January 2018 However sales grew only 2 4 in 2017 and as of July 2018 the share price declined more than 8 While some suggestions were adopted Loeb said in a July 2018 letter that the shifts are too small and too slow In a statement Nestle wrote that it was delivering results and listed actions it had taken including investing in key brands and its global coffee partnership with Starbucks However activist investors disagreed leading Third Point Management to launch NestleNOW a website to push its case with recommendations calling for change accusing Nestle of not being as fast aggressive or strategic as it needs to be Activist investors called for Nestle to divide into three units with distinct CEOs regional structures and marketing heads beverage nutrition and grocery spin off more businesses that do not fit its model such as ice cream frozen foods and confectionery and add an outsider with expertise in the food and beverage industry to the board 67 68 In September 2018 Nestle announced that it would sell Gerber Life Insurance for 1 55 billion 69 70 In October 2018 Nestle announced the launch of the Nestle Alumni Network through a strategic partnership with SAP amp EnterpriseAlumni to engage with their over 1 million alumni globally 71 In 2019 the company announced that it would publish Nutri Score on all of its products sold in the European countries that supported the nutritional label 72 In 2020 Nestle USA s and Nestle Canada s ice cream divisions were acquired by Froneri 73 Also during that year Nestle announced that the company wants to invest in plant based food starting with a tuna salad and meat free products to engage and reach younger and vegan consumers 74 Nestle is expanding manufacturing capacity in India and increasing investments the company will invest between 60 65 billion 723 783 million from 2020 to 2025 75 On 16 February 2021 Nestle announced that it had agreed to sell its water brands in the US and Canada to One Rock Capital Partners and Metropoulos amp Co The sale would include the spring water and mountain brands the purified water brand and the delivery service The plan did not include the Perrier S Pellegrino and Acqua Panna brands 76 77 In early April 2021 the sale was concluded 78 The COVID 19 pandemic did not affect Nestle negatively Due to lockdowns people bought more packaged foods not only coffee and dairy products but also pet products which increased the company s sales Nestle is recording its strongest quarterly sales growth in 10 years 79 In April 2021 Nestle agreed to purchase the vitamin manufacturing Bountiful Company formerly known as The Nature s Bounty Co for 5 75 billion noting as well that much of the company s which growth that quarter came from vitamins minerals and supplements that support health and the immune system Bountiful s brands included Nature s Bounty Solgar Osteo Bi Flex and Puritan s Pride 80 81 82 In July 2021 Vitaflo International Ltd subsidiary to Nestle Health Science since 2010 acquired the Dr Schar brands Mevalia and ComidaMed wich are used for the dietary management of IEM and cow s milk protein allergy to complement Vitaflo s existing IEM product portfolio 83 In January 2022 Nestle will pay cocoa farmers cash if they send their children to school 84 In May 2022 it was announced Nestle s Health Science unit had acquired the Brazilian organic natural plant based food maker Puravida 85 In May 2022 Nestle was sending baby formula supplies to the U S from European air bases to ease the 2022 United States infant formula shortage These relief shipments included products from the Gerber baby food formula brand from the Netherlands and Alfamino baby formula from Switzerland 86 In September 2023 it was announced Nestle had acquired a majority stake in the Extrema Minas Gerais headquartered premium chocolate manufacturer Grupo CRM for an undisclosed amount 87 Following the 2022 Russian invasion of Ukraine the company continued doing business in Russia therefore in November 2023 Ukraine s National Agency on Corruption Prevention listed Nestle as an International Sponsor of War Nestle stated that it had already halted all non essential imports and exports to and from Russia 88 Corporate affairs and governance nbsp Nestle Japan headquarters in Nestle House building Kobe Japan nbsp Nestle USA headquarters at 1812 N Moore in Arlington Virginia Capital ownership of Nestle by country of origin as of 2023 89 Switzerland 46 6 United States 31 2 All others 22 2 Nestle is the biggest food company in the world with a market capitalisation of roughly 231 billion Swiss francs which is more than US 247 billion as of May 2015 90 Nestle has a primary listing on the SIX Swiss Exchange and is a constituent of the Swiss Market Index It previously had a secondary listing on Euronext In 2014 consolidated sales were CHF 91 61 billion and net profit was CHF 14 46 billion Research and development investment was CHF 1 63 billion 91 Sales per category in CHF 92 14 20 3 billion powdered and liquid beverages 16 7 billion milk products and ice cream 13 5 billion prepared dishes and cooking aids 13 1 billion nutrition and health science 11 3 billion pet care 9 6 billion confectionery 6 9 billion water Percentage of sales by geographic area breakdown 92 14 43 from Americas 28 from Europe 29 from Asia Oceania and Africa According to a 2015 global survey of online consumers by the Reputation Institute Nestle has a reputation score of 74 5 on a scale of 1 to 100 93 Financial data Financial data in billions of CHF 94 Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Revenue 83 642 92 186 92 158 91 612 88 785 89 469 89 791 91 439 92 568 84 343 87 088 Net income 9 487 10 611 10 015 14 456 9 066 8 531 7 183 10 135 12 609 12 232 17 196 Assets 114 091 126 229 120 442 133 450 123 992 131 901 130 380 137 015 127 940 124 028 139 142 Employees 328 000 339 000 333 000 339 000 335 000 328 000 323 000 308 000 291 000 273 000 276 000 Joint ventures Joint ventures include Cereal Partners Worldwide with General Mills 50 50 95 Beverage Partners Worldwide with The Coca Cola Company 50 50 closed in 2018 96 Froneri with PAI Partners 50 50 Lactalis Nestle Produits Frais with Lactalis 40 60 97 Nestle Colgate Palmolive with Colgate Palmolive 50 50 98 Nestle Indofood Citarasa Indonesia with Indofood 50 50 99 Nestle Snow with Snow Brand Milk Products 50 50 100 Nestle Modelo with Grupo Modelo Dairy Partners America Brasil with Fonterra 51 49 Board of directors As of 2017 the board is composed of 101 Paul Bulcke chairman and former CEO of Nestle Andreas Koopmann former CEO of Bobst Beat Hess former legal director general counsel for ABB and 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 Ecole Polytechnique Federale de Lausanne Lobbying The company engages third party lobbying firms to engage with parliaments and governments in various jurisdictions For example in South Australia the company engages Etched Communications 102 In the US Nestle has a strong influence in Washington D C From 2015 to 2020 their average spend on lobbying was 1 951 667 each year 103 ProductsMain article List of Nestle brands nbsp Samples of Nestle Toll House Cafe items in 2012 Nestle currently has over 2 000 brands 104 105 with a wide range of products across a number of markets including coffee bottled water milkshakes and other beverages breakfast cereals infant foods performance and healthcare nutrition seasonings soups and sauces frozen and refrigerated foods and pet food 14 In 2019 the company entered the plant based food production business with its Incredible and Awesome Burgers under the Garden Gourmet and Sweet Earth brands In 2020 Nestle announced additional plant based products including soy based bratwurst and chorizo like sausages 106 SponsorshipsMusic and entertainment In 1993 plans were made to update and modernise the overall tone of Walt Disney s EPCOT Center including a major refurbishment of The Land pavilion Kraft Foods withdrew its sponsorship on 26 September 1993 with Nestle taking its place Co financed by Nestle and the Walt Disney World Resort a gradual refurbishment of the pavilion began on 27 September 1993 107 In 2003 Nestle renewed its sponsorship of The Land however it was under agreement that Nestle would oversee its own refurbishment to both the interior and exterior of the pavilion Between 2004 and 2005 the pavilion underwent its second major refurbishment Nestle stopped sponsoring The Land in 2009 108 On 5 August 2010 Nestle and the Beijing Music Festival signed an agreement to extend by three years Nestle s sponsorship of this international music festival Nestle has been an extended sponsor of the Beijing Music Festival for 11 years since 2000 The new agreement will continue the partnership through 2013 109 Nestle has partnered the Salzburg Festival in Austria for 20 years In 2011 Nestle renewed its sponsorship of the Salzburg Festival until 2015 110 Together they have created the Nestle and Salzburg Festival Young Conductors Award an initiative that aims to discover young conductors globally and to contribute to the development of their careers 111 Sports Nestle s sponsorship of the Tour de France began in 2001 and the agreement was extended in 2004 a move which demonstrated the company s interest in the Tour In July 2009 Nestle Waters and the organisers of the Tour de France announced that their partnership will continue until 2013 The main promotional benefits of this partnership will spread on four key brands from Nestle s product portfolio Vittel Powerbar Nesquik or Ricore 112 On 27 January 2012 the International Association of Athletics Federations announced that Nestle will be the main sponsor for the further development of IAAF s Kids Athletics Programme which is one of the biggest grassroots development programmes in the world of sports The five year sponsorship started in January 2012 113 On 11 February 2016 Nestle decided to withdraw its sponsorship of the IAAF s Kids Athletics Programmes because of doping and corruption allegations against the IAAF Nestle followed suit after other large sponsors including Adidas also stopped supporting the IAAF 114 In 2014 Nestle Waters sponsored the UK leg of the Tour de France through its Buxton Natural Mineral Water brand 115 In 2002 Nestle announced it was main sponsor for the Great Britain Lionesses Women s rugby league team for the team s second tour of Australia with its Munchies product 116 Nestle supports the Australian Institute of Sport AIS on a number of nutrition and fitness fronts funding a Fellowship position in AIS Sports Nutrition nutrition activities in the AIS Dining Hall research activities and the development of education resources for use at the AIS and in the public domain 117 Controversies and criticismsMain article Controversies of Nestle Baby formula marketing Concern about Nestle s aggressive marketing of their breast milk substitutes particularly in less economically developed countries LEDCs first arose in the 1970s 118 Critics have accused Nestle of discouraging mothers from breastfeeding and suggesting that their baby formula is healthier than breastfeeding 119 This led to a boycott in the United States and Europe 120 121 Slavery and child labour Multiple reports have documented the widespread use of child labour in cocoa production as well as slavery and child trafficking throughout West African plantations on which Nestle and other major chocolate companies rely 122 123 124 125 126 Food safety In late September 2008 the Hong Kong government found melamine in a Chinese made Nestle milk product Six infants died from kidney damage and a further 860 babies were hospitalised 127 128 In June 2009 an outbreak of E coli O157 H7 was linked to Nestle s refrigerated cookie dough originating in a plant in Danville Virginia 129 In May 2015 food safety regulators from the state of Uttar Pradesh India found that samples of Nestle India s Maggi noodles had up to 17 times more than the permissible safe amount of lead in addition to monosodium glutamate 130 131 132 Water At the second World Water Forum in 2000 Nestle and other corporations persuaded the World Water Council to change its statement so as to reduce access to drinking water from a right to a need Nestle continues to take control of aquifers and bottle their water for profit 133 A coalition of environmental groups filed a complaint against Nestle to the Advertising Standards of Canada after Nestle took out full page advertisements in October 2008 with messages claiming Most water bottles avoid landfill sites and are recycled Nestle Pure Life is a healthy eco friendly choice and Bottled water is the most environmentally responsible consumer product in the world 134 135 136 Corporate social responsibility and recognitionThis section may contain an excessive amount of intricate detail that may interest only a particular audience Please help by spinning off or relocating any relevant information and removing excessive detail that may be against Wikipedia s inclusion policy September 2017 Learn how and when to remove this message In March 2011 Nestle became the first infant formula company to meet the FTSE4Good Index criteria in full 137 Sustainability In May 2006 Nestle s executive board adapted the existing Nestle management systems to full conformity with the international standards ISO 14001 Environmental Management Systems and OHSAS 18001 Occupational Health and Safety Management Systems and to certify all Nestle factories against these standards by 2010 138 In October 2009 Nestle announced The Cocoa Plan to get 100 percent of its chocolate portfolio using certified sustainable cocoa For third party certification Nestle has partnered with UTZ Certified Many of Nestle s efforts are focused on the Ivory Coast where 40 percent of the world s cocoa comes from The company has developed a higher yielding more drought and disease resistant cocoa tree and they have given 3 million of these trees to farmers thus far and plan when to give away 12 million of them in total They are also training farmers in efficient and sustainable growing techniques which focuses on better farming practices including pruning trees pest control with an emphasis on integrated pest management and harvesting as well as caring for the environment In addition they have built 23 new schools so far and plan to build 40 in total by 2015 139 needs update Another part of the plan has been to address child labor Nestle says that according to US statistics there are about 800 000 children who work the cocoa supply chain Nestle approached the Fair Labor Association to map out strategies to help curb child labor in the cocoa sector and these efforts including community education and the building of schools have become a focus of the Cocoa Plan 139 In 2020 Nestle Waters joined a consortium to boost PET plastic recyclability 140 Economy and Development Nestle also established the Creating Shared Value Prize which is awarded every other year with the aim of rewarding the best examples of CSV initiatives worldwide and to encourage other companies to adopt a shared value approach These initiatives should take a business oriented approach in addressing challenges in nutrition water or rural development The winner can win up to CHF 500 000 Nestle was an early mover in the shared value space and hosts a global forum the Creating Shared Value Global Forum 141 142 Rural Development Framework program In 2012 Nestle developed the Rural Development Framework which supports farmers and cocoa growing communities 143 It is an investment program aimed at improving infrastructure increasing access to safe water address financing and market efficiency gaps and improving labor conditions 144 Public health Health care and nutrition product development In September 2010 Nestle said that it would invest more than 500 million between 2011 and 2020 to develop health and wellness products to help prevent and treat major ailments like diabetes obesity cardiovascular disease and Alzheimer s Nestle created a wholly owned subsidiary Nestle Health Science as well as a research body the Nestle Institute of Health Sciences 145 AwardsYear Brand Award Result 2010 Nestle Purina Malcolm Baldrige National Quality Award Won 2010 IUoFST Gold Food Industry Award 146 Won 2011 World Environment Center Gold Medal Award Won 2014 Henry Spira Corporate Progress Award WonSee also nbsp Business portal Big Chocolate Cerelac Farfel the Dog Nestle Smarties Book Prize Nestle Tower Ultra processed food Competitors Danone Ferrero SpA Hershey s Kellogg s Kraft Heinz Mars Incorporated Mondelez International PepsiCo UnileverExplanatory notes Not to be confused with Societe des Produits Nestle S A the group s intellectual property holding subsidiaryReferences a b Management Nestle Archived from the original on 1 June 2017 Retrieved 29 May 2017 Mr David McDaniel PDF nestle in Archived PDF from the original on 30 August 2021 Retrieved 14 September 2021 a b c d e f g Consolidated Financial Statements of the Nestle Group 2023 PDF Nestle 16 February 2024 Archived PDF from the original on 20 February 2023 Retrieved 22 February 2024 Consolidated Financial Statements of the Nestle Group 2021 PDF Nestle 17 February 2022 Archived PDF from the original on 23 May 2022 Retrieved 15 April 2022 1978 Milky Bar commercial YouTube published 31 August 2012 1978 Archived from the original on 7 May 2022 Retrieved 7 May 2022 Nestle s Brabeck We have a huge advantage over big pharma in creating medical foods Archived 10 April 2014 at the Wayback Machine CNN Money 1 April 2011 Nestle The unrepentant chocolatier Archived 6 April 2012 at the Wayback Machine The Economist 29 October 2009 Retrieved 17 May 2012 Rowan Claire 9 September 2015 The world s top 100 food amp beverage companies 2015 Change is the new normal Food Engineering Archived from the original on 14 November 2016 Retrieved 14 November 2016 McGrath Maggie 27 May 2016 The World s Largest Food And Beverage Companies 2016 Chocolate Beer And Soda Lead The List Forbes Archived from the original on 15 November 2016 Retrieved 14 November 2016 Nestle tops list of largest food companies in the world Forbes Archived from the original on 26 October 2017 Retrieved 26 October 2017 Fortune Global 500 List 2017 See Who Made It Fortune Archived from the original on 30 January 2018 Retrieved 30 January 2018 The Global 2000 2023 Forbes Archived from the original on 29 January 2024 Retrieved 7 February 2024 Nestle Tailoring products to local niches Archived 9 December 2011 at the Wayback Machine CNN 2 July 2010 a b c d Annual Results 2014 PDF Nestle Archived PDF from the original on 25 March 2015 Retrieved 25 March 2015 Nestle to Decide on L Oreal in 2014 Chairman Brabeck Says Archived 8 July 2014 at the Wayback Machine Bloomberg 14 April 2011 The History of Nestle Cleverism 3 September 2015 Archived from the original on 25 May 2018 Retrieved 25 May 2018 Mowbray Sean 13 May 2017 A Brief History of the Nestle Brand Culture Trip Archived from the original on 4 August 2020 Retrieved 16 January 2020 Other industries A History of the County of Wiltshire Archived 21 November 2011 at the Wayback Machine Volume 4 1959 pp 220 253 Retrieved 14 August 2010 Nestle SA History Headquarters amp Subsidiaries Encyclopedia Britannica Archived from the original on 4 August 2020 Retrieved 16 January 2020 Stradley Linda 3 November 2015 Milk Chocolate History What s Cooking America Archived from the original on 12 December 2019 Retrieved 16 January 2020 HPatrick 3 January 2016 Swiss Chocolate Brands Archived from the original on 16 October 2015 Retrieved 5 August 2015 About Cailler Cailler Archived from the original on 24 May 2022 Retrieved 10 May 2022 1911 As the chocolate industry booms the companies Peter managed by Daniel Peter and Kohler which were already partners merge with Cailler Chrystal Paul 2021 The Cocoa and Chocolate Competition at the Start of the Twentieth Century Rowntree s The Early History Pen and Sword Books ISBN 9781526778901 Archived from the original on 28 August 2023 Retrieved 18 May 2022 In 1904 Daniel Peter and Charles Amedee Kohler became partners and founded the company Societe Generale Suisse de Chocolats Peter et Kohler Reunis In 1929 Peter Cailler Kohler and Chocolats Suisses S A all merged with the Nestle group Candy and Snack Industry Volume 145 Issues 1 6 Magazines for Industry Incorporated 1980 pp 28 29 Archived from the original on 28 August 2023 Retrieved 18 May 2022 The Nestle S A facility in Broc Switzerland is steeped in the tradition of fine chocolate manufacturing as a company that has played an important part in industry history Cailler brand and his signature is still embossed on chocolate In Switzerland Cailler is the leading chocolate brand Charles Amedee Kohler 1790 1874 began producing chocolate in 1830 The Kohler firm later merged with that of Daniel Peter Daniel Peter 1836 1919 who became the son in law of Francois Louis Cailler assured his place in chocolate industry history with his invention in 1875 of milk chocolate Henri Nestle had first become an important manufacturer of milk products Among his accomplishments was the development of a process to produce condensed milk which would be used in the making of milk chocolate It wasn t until 1929 that these pioneering companies agreed to merge but the plant at Broc had been built by the Cailler family in 1898 The selection of a site in Broc was made deliberately to locate it in Switzerland s picturesque Gruyere region renowned for its fine milk production Lacey Darlene 2013 Classic Candy America s Favorite Sweets 1950 80 Bloomsbury Publishing p 16 ISBN 9780747813651 Archived from the original on 28 August 2023 Retrieved 18 May 2022 In 1899 the people of Fulton New York saw the potential of this milk chocolate industry and raised money to purchase land for a Peter s Chocolate manufacturing plant In 1904 Peter s Chocolate and Nestle formed an alliance and Nestle s domestic production began History of Nestle www englishteastore com Archived from the original on 4 August 2020 Retrieved 16 January 2020 Blakely Joe 2003 Oregon Places The Nestle Condensary in Bandon Oregon Historical Quarterly 104 4 Oregon Historical Society 566 577 doi 10 1353 ohq 2003 0004 JSTOR 20615370 S2CID 245852881 1938 1944 nestle cwa com Archived from the original on 9 May 2023 Retrieved 9 May 2023 a b Owles Eric 27 June 2017 How Nestle Expanded Beyond the Kitchen The New York Times ISSN 0362 4331 Archived from the original on 26 September 2020 Retrieved 16 January 2020 The Nestle logo evolution Nestle com Archived from the original on 25 February 2019 Retrieved 25 February 2019 a b Nestle International Mergers And Acquisitions Management Essay UKEssays com Archived from the original on 4 August 2020 Retrieved 16 January 2020 Ap 24 June 1988 Rowntree Accepts Bid By Nestle The New York Times ISSN 0362 4331 Archived from the original on 3 March 2020 Retrieved 16 January 2020 The inside story of the Cadbury takeover Financial Times Archived from the original on 10 December 2022 Retrieved 5 August 2015 Nestle To Acquire Greek Based Delta Ice Cream Nestle Global 19 December 2005 Archived from the original on 10 August 2021 Retrieved 10 August 2021 Nestle takes world ice cream lead BBC News 19 January 2006 Archived from the original on 3 February 2012 Retrieved 22 February 2007 Jenny Craig Brings 5 Times Its Price in 02 The New York Times 20 June 2006 ISSN 0362 4331 Archived from the original on 12 March 2023 Retrieved 12 March 2023 Nestle completes takeover of Novartis food unit SWI swissinfo ch SWI the international service of the Swiss Broadcasting Corporation 2 July 2007 Archived from the original on 26 October 2016 Retrieved 25 October 2016 Nestle to buy Gerber for 5 5B CNN 12 April 2007 Archived from the original on 17 April 2007 Retrieved 12 April 2007 Novartis completes its business portfolio restructuring divesting Gerber for USD 5 5 billion to Nestle Novartis 12 April 2007 Archived from the original on 24 December 2008 Retrieved 2 September 2016 Media releases Novartis com 3 September 2007 Archived from the original on 9 January 2009 Retrieved 8 January 2010 Press release Nestle enters into strategic partnership with Belgian luxury chocolate maker Pierre Marcolini Archived 20 March 2012 at the Wayback Machine Nestle retrieved from it 23 March 2011 Thomasson Emma 4 January 2010 Novartis seeks to buy rest of Alcon for 39 billion Reuters Archived from the original on 22 January 2010 Retrieved 4 January 2010 Campbell Matthew Gretler Corinne 5 May 2016 Nestle Wants to Sell You Both Sugary Snacks and Diabetes Pills Bloomberg com Archived from the original on 23 July 2016 Retrieved 22 July 2016 Nestle to enter global market for clinical nutrition products www nestle com 2 August 2010 Retrieved 8 April 2024 Nestle to Buy 60 Stake in Hsu Fu Chi for 7 Billion Bloomberg 11 July 2011 Archived from the original on 30 December 2014 Retrieved 10 March 2017 Nestle to Acquire Pfizer Baby Food Unit for 11 9 Billion Archived 30 December 2014 at the Wayback Machine Bloomberg 23 April 2012 Mead Johnson looks tasty but Abbott may have to pass Crain s Chicago Business 13 March 2014 Archived from the original on 23 April 2022 Retrieved 26 March 2022 Nestle to buy Pfizer Nutrition for 11 85bn NewStatesman Archived from the original on 3 January 2016 Retrieved 5 January 2016 Nestle Acquires Stake in Brain Food Company LA Weekly Archived from the original on 3 January 2016 Retrieved 5 January 2016 Rizzo Lillian 16 July 2014 PE Deals for Weight Loss Brands Face Shifting Diet Demographics Wall Street Journal Archived from the original on 3 January 2016 Retrieved 5 January 2016 Nestle buys Louisiana depression food firm Nutra 27 February 2013 Archived from the original on 16 October 2015 Retrieved 5 August 2015 Nestle Sells PowerBar Brand Wall Street Journal Archived from the original on 3 January 2016 Retrieved 5 January 2016 Nestle Explores Sale of Frozen Food Unit Davigel Wall Street Journal Archived from the original on 3 January 2016 Retrieved 5 January 2016 Nestle invests more in skin care strategy with 10 research centers Reuters Archived from the original on 16 October 2015 Retrieved 1 July 2017 Nestle Nestle to Move U S Headquarters to Rosslyn ArlNow Archived from the original on 1 February 2017 Retrieved 1 February 2017 Kit Kat sugar content to be cut by 10 says Nestle BBC News 8 March 2017 Archived from the original on 28 May 2018 Retrieved 21 June 2018 Shreddies are about to get a lot healthier The Independent 4 July 2017 Archived from the original on 24 July 2017 Retrieved 24 July 2017 Nestle plans 20 8 billion share buyback amid Third Point pressure Reuters 27 June 2017 Archived from the original on 18 July 2017 Retrieved 24 July 2017 a b Chaudhuri Saabira Blackstone Brian 27 June 2017 Nestle Plans Share Buyback After Pressure From Third Point The Wall Street Journal ISSN 0099 9660 Archived from the original on 24 July 2017 Retrieved 24 July 2017 Nestle and R amp R to create Froneri an ice cream and frozen food joint venture Nestle Global 27 April 2016 Archived from the original on 12 January 2020 Retrieved 12 January 2020 dairyreporter com 4 July 2017 Nestle Spain develops first infant formula with two breast milk oligosaccharides dairyreporter com Archived from the original on 1 December 2021 Retrieved 16 February 2022 Nestle Is Said to Pay 425 Million to Buy Blue Bottle Coffee Bloombery Business 14 September 2017 Archived from the original on 19 September 2017 Retrieved 20 September 2017 Atkins Ralph Bradshaw Tim 14 September 2017 Nestle breaks into US hipster coffee market with Blue Bottle deal Financial Times Archived from the original on 21 September 2017 Retrieved 20 September 2017 Nestle agrees to acquire plant based food brand Sweet Earth Food Bev Media 7 September 2017 Archived from the original on 21 September 2017 Retrieved 20 September 2017 a b Nestle is selling its U S candy business to Ferrero for about 2 8 billion USA TODAY Archived from the original on 16 January 2018 Retrieved 17 January 2018 Nestle And Starbucks Agree To A 7B Distribution Deal But Will It Work In The Long Term Archived 7 May 2018 at the Wayback Machine Forbes Big Business Retrieved 7 May 2018 Loeb pressures Nestle for more sales restructuring Reuters 2 July 2018 Archived from the original on 22 April 2019 Retrieved 22 April 2019 via www reuters com Mullen Jethro 2 July 2018 Nestle Hedge fund billionaire Dan Loeb slams muddled strategy Money cnn com Archived from the original on 9 August 2018 Retrieved 25 November 2018 Scism Leslie Barba Robert 17 September 2018 Nestle to Sell Gerber Life Insurance to Western amp Southern Financial The Wall Street Journal ISSN 0099 9660 Archived from the original on 18 September 2018 Retrieved 18 September 2018 Assis Claudia Nestle to sell Gerber Life Insurance for 1 55 billion MarketWatch Archived from the original on 17 September 2018 Retrieved 18 September 2018 Archived copy Archived from the original on 19 July 2019 Retrieved 6 December 2019 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link Nestle to adopt Nutri Score labelling system in continental Europe Food Industry News just food www just food com Archived from the original on 15 January 2021 Retrieved 30 June 2022 Froneri acquisition of Nestle USA www froneri com Archived from the original on 23 March 2020 Retrieved 11 January 2020 Evans Judith 13 February 2020 Nestle eyes once in a generation plant based opportunity Financial Times Archived from the original on 10 December 2022 Retrieved 18 February 2020 Nestle investing Rs 6 000 6 500 cr to expand manufacturing ops in India says top official The Economic Times 8 February 2024 Archived from the original on 9 February 2024 Retrieved 26 February 2024 One Rock and Metropoulos amp Co to acquire Nestle Waters North America CNBC 17 February 2021 Archived from the original on 17 February 2021 Retrieved 18 February 2021 Nestle water bottling operations sold to equity firm for 4 3 billion CTV News 17 February 2021 Archived from the original on 18 February 2021 Retrieved 18 February 2021 Archeological Find Unearthed in Kitchener 2 April 2021 Archived from the original on 4 May 2021 Retrieved 2 April 2021 The 4 3 billion U S dollar sale of Nestle Waters North America to One Rock Capital Partners LLC was announced in February and the sale closed on Wednesday Coffee dairy help Nestle post strongest quarter in a decade Reuters 22 April 2021 Archived from the original on 22 April 2021 Retrieved 22 April 2021 Kostov Nick 30 April 2021 Nestle Expands in Vitamins With 5 75 Billion Nature s Bounty Deal The Wall Street Journal ISSN 0099 9660 Archived from the original on 30 April 2021 Retrieved 30 April 2021 Nestle buys vitamin maker Bountiful s main brands for 5 75 billion CNBC 30 April 2021 Archived from the original on 30 April 2021 Retrieved 30 April 2021 Nestle to Buy Vitamin Brands From KKR for 5 75 Billion Bloomberg com 30 April 2021 Retrieved 30 April 2021 NHSc to acquire the Mevalia and ComidaMed brands from Dr Schar www nestlehealthscience com Retrieved 8 April 2024 Nestle will pay African cocoa farmers to keep children in schools SWI swissinfo ch 27 January 2022 Archived from the original on 28 January 2022 Retrieved 28 January 2022 Nestle To Acquire Brazilian Plant Based Firm Puravida ESM Magazine 24 May 2022 Archived from the original on 24 May 2022 Retrieved 24 May 2022 Nestle Flying in Baby Formula to Ease U S Shortage Archived 5 June 2022 at the Wayback Machine webmd com Retrieved 4 June 2022 Egginton Tess 7 September 2023 Nestle to acquire majority stake in Brazilian premium chocolate company Food amp Drink International Retrieved 8 September 2023 Ukraine labels Nestle a sponsor of Russia s war of aggression SWI swissinfo 2 November 2023 Nestle Nestle annual review 2023 PDF Report Nestle p 57 Retrieved 13 May 2024 Forbes list of world s top companies Archived 3 August 2017 at the Wayback Machine Retrieved 20 May 2015 MarketWatch page on Nestle S A ADS Archived 21 May 2015 at the Wayback Machine Retrieved 20 May 2015 a b Jobs Archived 9 January 2015 at the Wayback Machine Nestle global info The Global RepTrak 100 The World s Most Reputable Companies 2015 PDF Reputation Institute Archived from the original PDF on 4 March 2016 Retrieved 5 January 2016 Nestle Bilanz Gewinn und Umsatz Nestle Geschaftsbericht A0Q4DC wallstreet online de Archived from the original on 5 November 2018 Retrieved 5 November 2018 General Mills Joint ventures Archived from the original on 15 December 2014 Retrieved 25 August 2015 Coke Nestle part ways on tea in U S elsewhere Reuters 6 January 2012 Archived from the original on 16 October 2015 Retrieved 1 July 2017 Nestle plans chilled dairy improvement with Lactalis venture Archived 29 May 2012 at the Wayback Machine Dairy Reporter 16 December 2005 Nestle and Colgate Palmolive bite into mouth market Archived 15 January 2013 at the Wayback Machine BreakingNews ie 11 December 2003 Nestle Indofood create culinary product JV FoodNavigator Asia com 28 February 2005 Archived from the original on 16 November 2012 Retrieved 18 May 2012 Snow Brand times thawing with Nestle joint venture Archived 24 May 2012 at the Wayback Machine Food Navigator 24 January 2001 Nestle Board Archived from the original on 20 February 2017 Retrieved 22 February 2017 South Australian Register of Lobbyists Etched Communications PDF 18 December 2017 Archived PDF from the original on 13 April 2018 Doering Christopher 6 December 2021 Where the dollars go Lobbying a big business for large food and beverage CPGs fooddive com Food Dive Archived from the original on 19 March 2022 Retrieved 21 March 2022 Smith Aaron Nestle selling U S candy brands to Nutella company CNNMoney Archived from the original on 18 June 2018 Retrieved 18 June 2018 From Milkmaids to Multinational Markets Nestle s Branding Story www wipo int Archived from the original on 18 June 2018 Retrieved 18 June 2018 Hanna Ziady 17 January 2020 The world s biggest food company is now making vegan sausages CNN Archived from the original on 18 January 2020 Retrieved 19 January 2020 Pendleton Jennifer 23 November 1993 Rich deal for Disney Nestle Archived 16 January 2013 at the Wayback Machine Variety The Land Archived from the original on 12 February 2017 Retrieved 1 February 2017 Nestle continues sponsorship of the Beijing Music Festival Archived 16 July 2012 at the Wayback Machine China org 6 August 2010 Nestle extends Salzburg Festival partnership until 2015 Archived 8 December 2011 at the Wayback Machine Nestle 5 October 2011 Nestle and Salzburg Festival Young Conductors Award 2015 Archived from the original on 4 March 2016 Retrieved 30 December 2018 Nestle confirms sponsorship renewal of Tour de France FoodBev 16 July 2009 Archived from the original on 3 January 2016 Retrieved 5 January 2016 IAAF Nestle becomes main sponsor of worldwide IAAF Kids Athletics Archived 16 May 2012 at the Wayback Machine 27 January 2012 Reinsch Michael 10 February 2016 Leichtathletik Weltverband toxisch Archived 16 February 2016 at the Wayback Machine in German Frankfurter Allgemeine Sport Retrieved 11 February 2016 UK Nestle Waters secures Tour de France tie up for Buxton Natural Mineral Water 19 June 2014 Archived from the original on 16 October 2015 Retrieved 31 August 2015 UK Nestle Rowntree to sponsor Women s Rugby League team Archived from the original on 28 February 2014 Retrieved 24 February 2014 Nestle and AIS Sports Nutrition Australian Government Archived from the original on 17 May 2012 Nestle to respond to baby milk criticism in coming days Reuters 2 February 2018 Archived from the original on 24 August 2019 Retrieved 24 August 2019 Pluss Jessica 10 January 2020 Nestle struggles to win over baby formula critics Swissinfo Archived from the original on 30 May 2022 Retrieved 29 May 2023 Moorhead Joanna 15 May 2007 Milking it The Guardian Archived from the original on 28 August 2019 Retrieved 23 August 2019 Han Soul 30 September 2021 International groups boycott Nestle products to end indiscriminate advertising 1977 1984 The Commons Social Change Library Archived from the original on 10 November 2022 Retrieved 10 November 2022 Raghavan Sudarsan Chatterjee Sumana 24 June 2001 Slaves feed world s taste for chocolate Captives common in cocoa farms of Africa Milwaukee Journal Sentinel Archived from the original on 17 September 2006 Retrieved 25 April 2012 Combating Child Labour in Cocoa Growing PDF International Labour Organization 2005 Archived PDF from the original on 30 June 2012 Retrieved 26 April 2012 Wolfe David Shazzie 2005 Naked Chocolate The Astonishing Truth about the World s Greatest Food North Atlantic Books p 98 ISBN 1556437315 Archived from the original on 28 August 2023 Retrieved 15 December 2011 Hawksley Humphrey 12 April 2001 Mali s children in chocolate slavery BBC News Archived from the original on 26 December 2008 Retrieved 2 January 2010 Hawksley Humphrey 4 May 2001 Ivory Coast accuses chocolate companies BBC News Archived from the original on 14 January 2009 Retrieved 4 August 2010 McDonald Scott 22 September 2008 Nearly 53 000 Chinese children sick from milk Associated Press dead link Macartney Jane 22 September 2008 China baby milk scandal spreads as sick toll rises to 13 000 The Times London Retrieved 2 April 2010 FDA confirms E coli found in Nestle cookie dough Reuters Beware Eating 2 Minute Maggi Noodles can ruin your Nervous System news biharprabha com 18 May 2015 Archived from the original on 21 May 2015 Retrieved 18 May 2015 Maggi Noodles Packets Recalled Across Uttar Pradesh Say Food Inspectors Report NDTV New Delhi India 20 May 2015 Archived from the original on 25 May 2015 Retrieved 20 May 2015 Sushmi Dey 16 May 2015 Maggi under regulatory scanner for lead MSG beyond permissible limit The Times of India New Delhi India Archived from the original on 26 May 2015 Retrieved 20 May 2015 Muir Paul 28 November 2013 The human rights and wrongs of Nestle and water for all The National Abu Dhabi Archived from the original on 29 June 2017 Retrieved 21 April 2015 Nestle bottled water ads misleading environmentalists say CBC News 1 December 2008 Archived from the original on 3 January 2016 Retrieved 4 January 2016 Groups Challenge Nestle s Bottled Water Greenwashing Polaris Institute Archived from the original on 22 October 2014 Retrieved 30 November 2010 a href Template Cite web html title Template Cite web cite web a CS1 maint bot original URL status unknown link Anderson Scott 1 December 2008 Nestle water ads misleading Canada green groups Reuters Archived from the original on 21 May 2010 Retrieved 30 November 2010 Providing Context to the 2012 Nestle FTSE4Good BMS Verification PDF Archived PDF from the original on 16 October 2015 Retrieved 22 September 2015 Nestle Targets Worldwide Registration of All Plants to ISO 14001 OHSAS 18001 Archived 15 January 2013 at the Wayback Machine Quality Digest 24 March 2010 a b What does the Cocoa Plan label on chocolate mean Mother Nature Network Archived from the original on 3 January 2016 Retrieved 5 January 2016 Why PepsiCo L Oreal and Nestle are banking on this French plastics recycling startup greenbiz com 7 May 2020 Archived from the original on 11 May 2020 Retrieved 21 January 2020 Global Shared Value Prize on Offer Archived from the original on 9 October 2015 Retrieved 15 September 2015 Entries open for CHF 500k Nestle Creating Shared Value Prize UK Fundraising 9 December 2014 Archived from the original on 3 January 2016 Retrieved 5 January 2016 Women s Rights Nestle on female cocoa farmers ConfectioneryNews com 8 March 2013 Archived from the original on 7 September 2015 Retrieved 15 September 2015 How the Global Food Sector Can Solve Our Food Security Crisis Archived from the original on 26 August 2016 Retrieved 1 February 2017 Nestle to Expand Business in Health Care Nutrition Archived 13 November 2016 at the Wayback Machine New York Times Matthew Saltmarsh 27 September 2010 Nestle wins global food industry award CSR Europe 24 August 2010 Archived from the original on 15 January 2013 External links nbsp Wikimedia Commons has media related to Nestle Official website nbsp Documents and clippings about Nestle in the 20th Century Press Archives of the ZBW Portals nbsp Switzerland nbsp Food nbsp Companies Retrieved from https en wikipedia org w index php title Nestle amp oldid 1223623951, wikipedia, wiki, book, books, library,

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