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Created with Fabric.js 1.4.5 What is Nestlé Nestlé is a Swiss multinational food and beverage company headquartered in Vevey, Switzerland.It is the largest food company in the world measured by revenues.Twenty-nine of Nestlé’s brands have annual sales of over CHF1 billion (about US$1.1 billion).It is one of the main shareholders of LOreal, the worlds largest cosmetics company. History of Nestlé Nestlé was formed in 1905 by the merger of the Anglo-Swiss Milk Company, established in 1866 by brothers George Page and Charles Page, The other being Farine Lactée Henri Nestlé, founded in 1866 by Henri Nestlé. The 1920s saw Nestlé’s first expansion into new products, with chocolate-manufacture becoming the companys second most important activity. 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 end of World War II was the beginning of a dynamic phase for Nestlé. Growth accelerated and numerous companies were acquired. Financial data Nestlé is the biggest food company in the world, with a market capitalisation of roughly 210 billion Swiss francs, which is more than 200 billion U.S. dollars.In 2013, consolidated sales were CHF 92.16 billion and net profit was CHF 10.02 billion. Research and development investment was CHF 1.50 billion.Sales by activity breakdown22% from drinks (coffee, tea, etc)7% from bottled water19% from dairy products15% from ready-prepared dishes and ready-cooked dishes11% from chocolate, candies, other sweets12% from pet products13% from Nestlé Nutrition (incl. baby food) and HealthCareSales by geographic area breakdown28% from Europe44% from Americas (25% from US)28% from Asia, Oceania and Africa
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