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Encyclopedia > Nestlé
Nestlé SA
Image:Nestke.jpg
Type Public (SWX:NESN (http://www.ir.nestle.com/Stock_Financials/Shares_ADRs/Stock_Quote/Stock+Quote.htm))
Founded Vevey, Switzerland (1866)
Location Vevey, Switzerland
Key people Henri Nestlé, Founder
Peter Brabeck-Letmathe, CEO
Industry Food processing
Products Baby food, Dairy products, Breakfast cereals, Confectionary, Bottled water, more...
Revenue image:green up.png86.7 billion CHF (2004) [1] (http://www.mortgagesupreme.co.uk/news/news_bad_weather_dampens_nestle_28063.html)
Website www.nestle.com
This article is about Nestlé S.A., the company. For information about Henri Nestlé, see Henri Nestlé.

Nestlé S.A. or Société des Produits Nestlé S.A., headquartered in Vevey, Switzerland, is the world's biggest food and beverage company. Nestlé's existing products extend from mineral waters to baby food to coffee and dairy products. Nestlé logo from http://www. ... Literally a public company is a company owned by the public. ... SWX Swiss Exchange is Switzerlands stock exchange. ... Wiktionary has a definition of: Foundation This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ... Vevey is a small city in Switzerland, located in the canton Vaud, on the north shore of Lake Geneva, at 46°28′ N 6°51′ E, not far from Lausanne. ... 1866 is a common year starting on Monday. ... Vevey is a small city in Switzerland, located in the canton Vaud, on the north shore of Lake Geneva, at 46°28′ N 6°51′ E, not far from Lausanne. ... Henri Nestlé, born Heinrich Nestlé (10 August 1814 - 7 July 1890), was the founder of Nestlé S.A., the worlds biggest food and beverage company. ... Food processing describes those methods and processes used to transform raw ingredients into food for consumption for humans. ... Baby food is any food that is made specifically for infants, roughly between the ages of six months to two years. ... Dairy products are generally defined as foodstuffs produced from milk. ... Breakfast cereal Breakfast cereal is a food product designed especially to be marketed to consumers as a breakfast food. ... The term confectionery refers to food items rich in sugar. ... A 1. ... In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. ... Green up arrow for a positive change in revenue from last fiscal year. ... The Swiss franc (ISO 4217: CHF or 756) is the currency of Switzerland and Liechtenstein. ... 2004 is a leap year starting on Thursday of the Gregorian calendar. ... The front page of the English Wikipedia website. ... Henri Nestlé, born Heinrich Nestlé (10 August 1814 - 7 July 1890), was the founder of Nestlé S.A., the worlds biggest food and beverage company. ... Vevey is a small city in Switzerland, located in the canton Vaud, on the north shore of Lake Geneva, at 46°28′ N 6°51′ E, not far from Lausanne. ... The word drink is primarily a verb, meaning to ingest liquids, see Drinking. ... Mineral water is water containing minerals or other dissolved substances that alter its taste or give it therapeutic value. ... Baby food is any food that is made specifically for infants, roughly between the ages of six months to two years. ... Coffee beans and a cup of coffee Coffee as a drink, usually served hot, is prepared from the roasted seeds (beans) of the coffee plant. ... Dairy farm near Oxford, New York, July 2001 In many northern-hemisphere countries a dairy is a facility for the extraction and processing of animal milk (mostly from cows, sometimes from buffaloes, sheep or goats) for human consumption. ...


Contents

History

Nestlé was founded in 1866. 1866 is a common year starting on Monday. ...


In the 1860s Henri Nestlé, a pharmacist, developed a food for babies who were unable to breastfeed. His first success was a premature infant who could not tolerate his own mother's milk or any of the usual substitutes. People quickly recognized the value of the new product, after Nestlé's new formula saved the child's life, and soon, Farine Lactée Henri Nestlé was being sold in much of Europe. Henri Nestlé, born Heinrich Nestlé (10 August 1814 - 7 July 1890), was the founder of Nestlé S.A., the worlds biggest food and beverage company. ... Pharmacists are health professionals who practice pharmacy. ... A breastfeeding infant Breastfeeding is the practice of a woman feeding an infant (or sometimes a toddler or a young child) with milk produced from her mammary glands, usually directly from the nipples. ... World map showing location of Europe A satellite composite image of Europe Europe is geologically and geographically a peninsula, forming the westernmost part of Eurasia. ...


In 1905 Nestlé merged with the Anglo-Swiss Condensed Milk Company. By the early 1900s, the company was operating factories in the United States, United Kingdom, Germany and Spain. World War I created new demand for dairy products in the form of government contracts. By the end of the war, Nestlé's production had more than doubled. 1905 was a common year starting on Sunday (see link for calendar). ... Ypres, 1917, in the vicinity of the Battle of Passchendaele. ...


After the war, 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 the company's second most important activity. Chocolate comes in dark, light, and white varieties with cocoa contributing the brown coloration. ...


Nestlé felt the effects of World War II immediately. Profits dropped from $20 million in 1938 to $6 million in 1939. Factories were established in developing countries, particularly Latin America. Ironically, the war helped with the introduction of the company's newest product, Nescafé, which was a staple drink of the US military. Nestlé's production and sales rose in the wartime economy. Mushroom cloud from the nuclear explosion over Nagasaki rising 18 km (over 11 miles) into the air. ... 1938 was a common year starting on Saturday (link will take you to calendar). ... 1939 was a common year starting on Sunday (link will take you to calendar). ... Latin America consists of the countries of South America and some of North America (including Central America and some the islands of the Caribbean) whose inhabitants mostly speak Romance languages, although Native American languages are also spoken. ...


The end of World War II was the beginning of a dynamic phase for Nestlé. Growth accelerated and companies were acquired. In 1947 came the merger with Maggi seasonings and soups. Crosse & Blackwell followed in 1950, as did Findus (1963), Libby's (1971) and Stouffer's (1973). Diversification came with a shareholding in L'Oréal in 1974. In 1977, Nestlé made its second venture outside the food industry by acquiring Alcon Laboratories Inc. 1947 was a common year starting on Wednesday (link will take you to calendar). ... Crosse & Blackwell is a portfolio of retail food brands sold by the Nestlé Group to Premier International Foods in 2002. ... 1950 was a common year starting on Sunday (link will take you to calendar). ... 1963 was a common year starting on Tuesday (link will take you to calendar). ... 1971 is a common year starting on Friday (click for link to calendar). ... 1973 was a common year starting on Monday. ... The LOréal Group (Euronext: FR0000120321), headquartered in Clichy, France, is the worlds leading company in cosmetics and beauty. ... 1974 is a common year starting on Tuesday (click on link for calendar). ... 1977 was a common year starting on Saturday (the link is to a full 1977 calendar). ...


In 1984, Nestlé's improved bottom line allowed the company to launch a new round of acquisitions, the most important being American food giant Carnation. 1984 is a leap year starting on Sunday of the Gregorian calendar. ...


The first half of the 1990s proved to be favorable for Nestlé: trade barriers crumbled and world markets developed into more or less integrated trading areas. Since 1996 there have been acquisitions including San Pellegrino (1997), Spillers Petfoods (1998) and Ralston Purina (2002). There were two major acquisitions in North America, both in 2002: in July, Nestlé merged its U.S. ice cream business into Dreyer's, and in August, a $2.6 bn acquisition was announced of Chef America, Inc. 1996 is a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... 1997 is a common year starting on Wednesday of the Gregorian calendar. ... 1998 is a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... 2002 is a common year starting on Tuesday of the Gregorian calendar. ... World map showing location of North America A satellite composite image of North America North America is the third largest continent in area and in population after Eurasia and Africa. ... 2002 is a common year starting on Tuesday of the Gregorian calendar. ...


Business

Management

The executive board includes:

  • Peter Brabeck-Letmathe, CEO
  • Carlo Donati, EVP, Chairman, and CEO of Nestlé Waters
  • Frits van Dijk, EVP of Asia, Oceania, Africa, Middle East divisions
  • Ed Marra, EVP of Strategic Business units and Marketing
  • Francisco Castañer, EVP of Pharmaceutical and Cosmetic Products, Liaison with L'Oréal, Human Resources
  • Paul Bulcke, EVP of Americas divisions
  • Wolfgang H. Reichenberger, EVP of Finance
  • Chris Johnson, Deputy EVP of Information System and Logistics
  • Lars Olofsson, EVP of Europe divisions
  • Luis Cantarell, Deputy EVP of Nutrition Strategic Business units
  • Werner J. Bauer, EVP of Research and Development

Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... A vice president is an officer in government or business who is next in rank below a president. ... The Chairman of the board is the leader of a corporate board of directors, see chairman. ...

Earnings

In 2003, consolidated sales was CHF 87.979 bn and net profit was CHF 6.213 bn. Research and development investment was CHF 1.205 bn. 2003 is a common year starting on Wednesday of the Gregorian calendar. ... CHF is: The ISO 4217 code for the Swiss franc. ... The phrase research and development (also R and D or R&D) has a special commercial significance apart from its conventional coupling of research and technological development. ...

  • Sales by activity breakdown: 27% from drinks, 26% from milk and food products, 18% from ready-prepared dishes and ready-cooked dishes, 12% from chocolate, 11% from pet products, 6% from pharmaceutical products.
  • Sales by geographic area breakdown: 32% from Europe, 31% from Americas (26% from US), 16% from Asia, 21% from rest of the world.

Pharmacology (in Greek: pharmacon is drug, and logos is science) is the study of how chemical substances interfere with living systems. ... The Americas refers collectively to North and South America, as a relatively recent and less ambiguous alternative to the name America, which may refer to either the Americas (typically in languages other than English, where it is often considered a single continent) or to the United States (in English and... A satellite composite image of Asia Asia is the central and eastern part of the continent of Eurasia, defined by subtracting the European peninsula from Eurasia. ...

Joint Ventures and Minority Interests

Nestlé holds 26.4% of the shares of L'Oréal, the world's leading company in cosmetics and beauty. The Laboratoires Inneov is a joint venture in nutritional cosmetics between Nestlé and L'Oréal . Galderma is another joint veture in dermatology between Nestlé and L'Oréal. Others include Cereal Partners Worldwide, Beverage Partners Worldwide (formerly CCNR), and Dairy Partners Americas. The LOréal Group (Euronext: FR0000120321), headquartered in Clichy, France, is the worlds leading company in cosmetics and beauty. ... Cosmetics or makeup are substances to enhance the beauty of the human body, apart from simple cleaning. ... This page is about the pleasant phenomenon. ... A joint venture is a business relationship between two or more parties to undertake economic activity together. ...


Criticisms of Nestlé's business practices

Baby milk marketing

See also: Nestlé boycott and International Code of Marketing of Breast-milk Substitutes The Nestlé boycott is a boycott launched on July 4, 1977 in the United States against the Swiss based Nestlé corporation. ... The International Code of Marketing of Breast-milk Substitues was established in 1981 by a general assembly of the World Health Organisation (WHO) defining limits on marketing of breastfeeding substitutes for babies. ...


Since the late 1970s, Nestle has attracted much criticism for its baby milk marketing policies in developing countries. This has centered on its apparent recommendations for nursing mothers to switch to its infant formula milk products, leading to the alleged deaths of about 1.5 million babies each year as a result of formula being mixed with contaminated water. Nestlé allegedly has violated and regularly continued to violate the widely agreed-upon International Code of Marketing of Breast-milk Substitutes. This has led to a boycott coordinated by the International Nestlé Boycott Committee, informed by monitoring conducted by the International Baby Food Action Network). 1970 was a common year starting on Thursday. ... A developing country is a country with a low income average, a relatively backwards infrastructure and a poor human development index when compared to the global norm. ... A breastfeeding infant Breastfeeding is the practice of a woman feeding an infant (or sometimes a toddler or a young child) with milk produced from her mammary glands, usually directly from the nipples. ... An infant being fed by bottle. ... The International Code of Marketing of Breast-milk Substitues was established in 1981 by a general assembly of the World Health Organisation (WHO) defining limits on marketing of breastfeeding substitutes for babies. ... The International Baby Food Action Network is a group of advocacy organisations engaged in the promotion of breastfeeding and the restriction of unethical marketing practices such as those alleged by proponents of the Nestle boycott. ...


Legal action against Ethiopian government

In December 2002, international aid agency Oxfam revealed that Nestlé was demanding millions of dollars in compensation from Ethiopia – one of the poorest countries in the world which was then in the midst of an extreme drought that put over 11 million people at risk for starvation. The $6 million demand was issued for shares in an Ethiopian agricultural firm, which was nationalised by the Marxist Mengistu regime in 1975. Nestlé had acquired ELIDCO’s parent company, the Schweisfurth Group, ten years later. Nestlé refused the embattled Ethiopian government’s offer of a settlement worth around $1.5m. Jenns a loser ... A drought is an extended period where water availability falls below the statistical requirements for a region. ... A famine is an phenomenon in which a large percentage of the population of a region or country are undernourished and death by starvation becomes increasingly common. ... Nationalization is the act of taking assets into state ownership. ... Marxism is the political practice and social theory based on the works of Karl Marx, a 19th century philosopher, economist, journalist, and revolutionary, along with Friedrich Engels. ... Mengistu Haile Mariam (born 1937) was the head of state of Ethiopia from 1977 to 1991. ... 1975 was a common year starting on Wednesday (the link is to a full 1975 calendar). ...


Main Brands

Brands are categorized by their targeted markets.


Coffee

  • Nescafé
  • Taster’s Choice
  • Ricoré
  • Ricoffy
  • Nespresso
  • Bonka
  • Zoégas
  • Loumidis

Water

  • Nestlé Pure Life
  • Nestlé Aquarel
  • Perrier
  • Vittel
  • Contrex
  • S.Pellegrino
  • Acqua Panna
  • Levissima
  • Nestlé Vera
  • Arrowhead
  • Poland Spring
  • Deer Park
  • Al Manhal
  • Ozarka
  • Hépar
  • Ice Mountain
  • Zephyrhills
  • San Bernardo
  • Quézac
  • Viladrau
  • Naleczowianka
  • Acqua Panna

Other Beverages

  • Carnation
  • Caro
  • Libby’s
  • Milo
  • Nescau
  • Nesquik
  • Nestea

Milo is an Australian-made milk product with chocolate and malt, produced by Nestlé. It is added to hot or cold milk to give it a chocolate flavour and extra texture. ...

Shelf Stable

  • Nestlé
  • Nido
  • Nespray
  • Ninho
  • Carnation
  • Milkmaid
  • La Lechera
  • Moça
  • Klim
  • Gloria
  • Svelty
  • Molico
  • Nestlé Omega Plus
  • Bear Brand
  • Coffee-Mate

Chilled

  • Nestlé
  • Sveltesse
  • La Laitière
  • La Lechera
  • Ski
  • Yoco
  • Svelty
  • Molico
  • LC1
  • Chiquitin

Ice Cream

  • Nestlé
  • Frisco
  • Motta
  • Camy
  • Savory
  • Peters
  • Häagen Dasz
  • Mövenpick
  • Schöller
  • Dreyer's
  • Oreo (Canada)
  • Valio (Finland)

An Oreo is a type of cookie manufactured by Nabisco Corporation, introduced in 1912. ...

Infant Foods

  • Nestlé
  • Nan
  • Lactogen
  • Beba
  • Nestogen
  • Cérélac
  • Neslac
  • Nestum
  • Guigoz
  • Good Start
  • PreNan
  • Alfare
  • NanSoy
  • FM 85
  • NAN HA

Performance Nutrition

  • PowerBar
  • Nesvita
  • Neston

Healthcare Nutrition

  • Nutren
  • Peptamen
  • Modulen
  • Nutren Junior
  • Peptamen UTI

Seasonings

  • Maggi
  • Buitoni
  • Thomy
  • Winiary

Frozen Foods

  • Maggi
  • Buitoni
  • Stouffer’s
  • Lean Cuisine
  • Hot Pockets

Refrigerated Products

  • Nestlé
  • Buitoni
  • Herta
  • Toll House

Chocolate, Confectionery and Biscuits

Crunch is a brand of candy containing crisped rice, produced by Nestle. ... Milkybar is a white chocolate confection produced by Nestlé and sold in Australia, New Zealand and the United Kingdom. ... A KitKat is a confection manufactured by Nestl . ... Nestlé Smarties Nestlé Smarties are a colourful sugar-coated chocolate confectionery popular in the UK, South Africa, Canada and Australia. ... After Eights are a confectionery product sold in the UK by Nestlé. They are described as mint wafers coated in dark chocolate and are intended, as the name suggests, to be used as after dinner mints. ... Baby Ruth candy bar wrapper. ... Butterfinger Butterfinger Butterfinger is the name of a candy bar made by Nestlé. It has a firm, orange-colored center that tastes like peanut butter and crumbles when eaten, surrounded by a chocolate coating. ... The Aero chocolate bar consists of a chocolate bar filled with bubbles of air. ... Caramac is the brand name for a caramel flavoured bar manufactured by Nestlé. Coloured pale yellow, the bar is thin due to its sweet taste and is divided into sections. ... Categories: Australia-related stubs | Candy bars | Confectionery | Snack foods | Australian cuisine ... Coffee Crisp is a popular, coffee-flavoured chocolate bar created in Canada in 1938 and presently marketed by Nestlé Canada. ... A restaurant and Inn located in Whitman, Massachusetts, where the chocolate chip cookie was invented. ...

Professional Products

  • Chef
  • Davigel
  • Minor's
  • Santa Rica

Petcare

  • Friskies
  • Fancy Feast
  • Alpo
  • Mighty Dog
  • Gourmet
  • Mon Petit
  • Felix
  • Purina
  • Dog Chow
  • Pro Plan
  • ONE
  • Beneful
  • Tidy Cats

External links

  • Official website of Nestlé (http://www.nestle.com)
  • Article on ownership structure of Nestlé and L'Oréal (http://www.nytimes.com/2004/02/05/business/worldbusiness/05nestle.html?ex=1391317200&en=9bfbfa3f4307cbb5&ei=5007&partner=USERLAND)
  • Pamphlet "The Baby Killer" 1974 (http://www.i-case.com/newdemo/inffeed/docs/018if.pdf#search='the%20baby%20killer')

Data

  • Yahoo! - Nestlé SA Company Profile (http://biz.yahoo.com/ic/41/41815.html)
  • Nestlé SA - Fact Sheet - Hoover's Online (http://www.hoovers.com/nestl%c3%a9/--ID__41815--/free-co-factsheet.xhtml)

 
 

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