Nestlé
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Nestlé S.A. | | Type | Société Anonyme | Traded as | SIX: NESN
Euronext: NESTS
OTC Pink: NSRGY | Industry | Food processing | Founded | Anglo-Swiss Condensed Milk Company
(1866)
Farine Lactée Henri Nestlé
(1867)
Nestlé and Anglo-Swiss Condensed Milk Company
(1905) | Founder(s) | Henri Nestlé, 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 |
Nestlé S.A. is a Swiss multinational nutritional and health-related consumer goods company headquartered in Vevey, Switzerland. It is the largest food company in the world measured by revenues.[3][4]
Nestlé's products include baby food, bottled water, breakfast cereals, coffee, confectionery, dairy products, ice cream, pet foods and snacks. 29 of Nestlé's brands have annual sales of over 1 billion Swiss francs (about $ 1.1 billion),[3][5] including Nespresso,Nescafé, KitKat, Smarties, Nesquik, Stouffer's, Vittel, and Maggi. Nestlé has around 450 factories, operates in 86 countries, and employs around 328,000 people. It is one of the main shareholders of L'Oréal, the world's largest cosmetics company.[6]
Nestlé 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 Lactée Henri Nestlé, founded in 1866 by Henri Nestlé. The company grew significantly during the First World War and again following