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Nestlé

Nestle
Company nameNestlé S.A.
Company typeSociété Anonyme
IndustryFood processing
FoundedVevey, Switzerland (1866)
Founder(s)Henri Nestlé
HeadquartersVevey, Switzerland
Area servedWorldwide
Key peoplePeter Brabeck-Letmathe (Chairman), Paul Bulcke (CEO)
ProductsBaby food, coffee, dairy products, breakfast cereals, confectionery, bottled water, ice cream, pet foods (list...)
RevenueCHF 109.72 billion (2010)
Operating incomeCHF 16.19 billion (2010)
Net incomeCHF 34.23 billion (2010)
Total assetsCHF 111.64 billion (end 2010)
Total equityCHF 62.60 billion (end 2010)
Employees281,000 (2010)

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Nestlé S.A. (-frnɛsˈle) is the largest food and nutrition company in the world. Founded and headquartered in Vevey, Switzerland, Nestlé originated in a 1905 merger of the Anglo-Swiss Milk Company, established in 1867 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 the Second World War, eventually expanding its offerings beyond its early condensed milk and infant formula products. Today, the company operates in 86 countries around the world, and employs over 280,000 people.


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