Nestle Essay

Nestle From Wikipedia, the free encyclopedia Nestle S. A. | | Type| Societe Anonyme| Traded as| SIX: NESN Euronext: NESTS OTC Pink: NSRGY| Industry| Food processing| Founded| Anglo-Swiss Condensed Milk Company (1866) Farine Lactee Henri Nestle (1867) Nestle and Anglo-Swiss Condensed Milk Company (1905)| Founder(s)| Henri Nestle, Charles Page, George Page| Headquarters| Vevey, Switzerland| Area served| Worldwide| Key people| Peter Brabeck-Letmathe (Chairman) Paul Bulcke (CEO)|

Products| Baby food, coffee, dairy products,breakfast cereals, confectionery,bottled water, ice cream, pet foods(list… )| Revenue|  CHF 83. 64 billion (2011)[1]| Operating income|  CHF 12. 53 billion (2011)[1]| Profit|  CHF 9. 487 billion (2011)[1]| Total assets|  CHF 114. 09 billion (2011)[1]| Total equity|  CHF 58. 27 billion (2011)[1]| Employees| 328,000 (2012)[1][2]| Website| www. nestle. com| Nestle S. A. is a Swiss multinational nutritional and health-related consumer goods company headquartered in Vevey, Switzerland.

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It is the largest food company in the world measured by revenues. [3][4] Nestle’s products include baby food, bottled water, breakfast cereals, coffee, confectionery, dairy products, ice cream, pet foods and snacks. 29 of Nestle’s brands have annual sales of over 1 billion Swiss francs (about $ 1. 1 billion),[3][5] including Nespresso,Nescafe, KitKat, Smarties, Nesquik, Stouffer’s, Vittel, and Maggi. Nestle has around 450 factories, operates in 86 countries, and employs around 328,000 people.

It is one of the main shareholders of L’Oreal, the world’s largest cosmetics company. [6] Nestle 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 Lactee Henri Nestle, founded in 1866 by Henri Nestle. 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 ;amp; Blackwell in 1950, Findus in 1963, Libby’sin 1971, Rowntree Mackintosh in 1988 and Gerber in 2007. Nestle 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, Nestle was listed No. 1 in the Fortune Global 500 as the world’s most profitable corporation. [7] With a market capitalization of $ 200 billion, Nestle ranked No. 13 in the FT Global 2011. [8]