Nestle Foods
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| Public | |
| Traded as | SIX: NESN |
| ISIN | CH0038863350 |
| Industry | Food processing |
| Founded | 1866 (as Anglo-Swiss Condensed Milk Company) 1867 (as Farine Lactée Henri Nestlé) 1905 (as Nestlé and Anglo-Swiss Condensed Milk Company) |
| Founder | Henri Nestlé, Charles Page, George Page |
| Headquarters | Vevey, Vaud, Switzerland |
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Area served
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Worldwide |
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Key people
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Paul Bulcke (Chairman) Ulf Mark Schneider (CEO) |
| Products | Baby food, coffee, dairy products, breakfast cereals, confectionery, bottled water, ice cream, pet foods (list...) |
| Revenue |
 CHF89.46 billion (2016) |
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CHF13.16 billion (2016) |
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| Profit |
 CHF8.88 billion (2016) |
| Total assets |
CHF131.9 billion (2016) |
| Total equity |
CHF65.98 billion (2016) |
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Number of employees
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335,000 (2016) |
| Website | Official website |
Nestlé S.A. is a Swiss transnational food and drink company headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world, measured by revenues and other metrics, since 2014. It ranked No. 72 on the Fortune Global 500 in 2014 and No. 33 on the 2016 edition of the Forbes Global 2000 list of largest public companies.
Nestlé's products include baby food, 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 CHF1 billion (about US$1.1 billion), including Nespresso, Nescafé, Kit Kat, Smarties, Nesquik, Stouffer's, Vittel, and Maggi. Nestlé has 447 factories, operates in 194 countries, and employs around 339,000 people. It is one of the main shareholders of L'Oreal, the world's largest cosmetics company.
Nestlé was formed in 1905 by the merger of the Anglo-Swiss Milk Company, established in 1866 by brothers George and Charles Page, and Farine Lactée Henri Nestlé, founded in 1866 by Henri Nestlé (born Heinrich 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 & Blackwell in 1950, Findus in 1963, Libby's in 1971, Rowntree Mackintosh in 1988, and Gerber in 2007.
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