68 Facts About Nestle

Nestle S A is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland.

Nestle'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.

Nestle has 447 factories, operates in 189 countries, and employs around 339,000 people.

Nestle grew significantly during the World War I and again following World War II, expanding its offerings beyond its early condensed milk and infant formula products.

An earlier alliance in 1904 between Peter and Nestle allowed the production of milk chocolate in the United States, at the Fulton plant.

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In January 1919, Nestle bought two condensed milk plants in Oregon from the company Geibisch and Joplin for $250,000.

However, Nestle's management responded quickly, streamlining operations and reducing debt.

Nestle felt the effects of the Second World War immediately.

In 1947 Nestle merged with Maggi, a manufacturer of seasonings and soups.

In December 2005, Nestle bought the Greek company Delta Ice Cream for €240 million.

In July 2007, completing a deal announced the year before, Nestle acquired the Medical Nutrition division of Novartis Pharmaceutical for billionand acquiring the milk-flavoring product known as Ovaltine, the "Boost" and "Resource" lines of nutritional supplements, and Optifast dieting products.

In December 2007, Nestle entered into a strategic partnership with a Belgian chocolate maker, Pierre Marcolini.

Nestle agreed to sell its controlling stake in Alcon to Novartis on 4 January 2010.

On 1 March 2010, Nestle concluded the purchase of Kraft Foods's North American frozen pizza business for billion.

Since 2010, Nestle has been working to transform itself into a nutrition, health and wellness company in an effort to combat declining confectionery sales and the threat of expanding government regulation of such foods.

In July 2011, Nestle SA agreed to buy 60 percent of Hsu Fu Chi International Ltd.

Nestle sold the Jenny Craig business unit to North Castle Partners in 2013.

In February 2014, Nestle sold its PowerBar sports nutrition business to Post Holdings, Inc Later, in November 2014, Nestle announced that it was exploring strategic options for its frozen food subsidiary, Davigel.

In December 2014, Nestle announced that it was opening 10 skin care research centres worldwide, deepening its investment in a faster-growing market for healthcare products.

In January 2017, Nestle announced that it was relocating its US headquarters from Glendale, California, to Rosslyn, Virginia, outside of Washington, DC.

In July 2017, Nestle introduced a new type of infant formula in Spain, containing two human milk oligosaccharides.

In September 2017, Nestle USA agreed to acquire Sweet Earth, a California-based producer of plant-based foods, for an undisclosed sum.

In January 2018, Nestle USA announced it is selling its US confectionary business to Ferrara Candy Company, an Italian chocolate and candy maker.

Nestle set a new profit target in September 2017 and agreed to offload over 20 of its US candy brands in January 2018.

In September 2018, Nestle announced that it would sell Gerber Life Insurance for $1.

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Nestle is recording its strongest quarterly sales growth in 10 years.

In January 2022, Nestle will pay cocoa farmers cash if they send their children to school.

In May 2022, Nestle was sending baby formula supplies to the US from European air bases to ease the 2022 United States infant formula shortage.

Nestle has a primary listing on the SIX Swiss Exchange and is a constituent of the Swiss Market Index.

Nestle currently has over 2,000 brands with a wide range of products across a number of markets, including coffee, bottled water, milkshakes and other beverages, breakfast cereals, infant foods, performance and healthcare nutrition, seasonings, soups and sauces, frozen and refrigerated foods, and pet food.

In 2020, Nestle announced additional plant-based products including soy-based bratwurst and chorizo-like sausages.

Nestle affirmed that all its products were safe and were not made from milk adulterated with melamine.

On 2 October 2008, the Taiwan Health ministry announced that six types of milk powders produced in China by Nestle contained low-level traces of melamine, and were "removed from the shelves".

Farmers bring milk directly to a network of Nestle-owned collection centers, where a computerized system samples, tests, and tags each batch of milk.

In June 2009, an outbreak of E coli O157:H7 was linked to Nestle's refrigerated cookie dough originating in a plant in Danville, Virginia.

Nestle resumed production of Maggi at all five plants in India on 30 November 2015.

The product did not return to market, while Nestle continues to sell seasoning products including the popular Maggi Magic Sarap.

In 2003, Nestle renewed its sponsorship of The Land; however, it was under agreement that Nestle would oversee its own refurbishment to both the interior and exterior of the pavilion.

Nestle has been an extended sponsor of the Beijing Music Festival for 11 years since 2000.

Nestle has partnered the Salzburg Festival in Austria for 20 years.

In 2011, Nestle renewed its sponsorship of the Salzburg Festival until 2015.

On 27 January 2012, the International Association of Athletics Federations announced that Nestle will be the main sponsor for the further development of IAAF's Kids' Athletics Programme, which is one of the biggest grassroots development programmes in the world of sports.

On 11 February 2016, Nestle decided to withdraw its sponsorship of the IAAF's Kids' Athletics Programmes because of doping and corruption allegations against the IAAF.

Nestle followed suit after other large sponsors, including Adidas, stopped supporting the IAAF.

In 2014, Nestle Waters sponsored the UK leg of the Tour de France through its Buxton Natural Mineral Water brand.

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In 2002, Nestle announced it was main sponsor for the Great Britain Lionesses Women's rugby league team for the team's second tour of Australia with its Munchies product.

The boycott was officially suspended in the US in 1984, after Nestle agreed to follow an international marketing code endorsed by the World Health Organization, but was relaunched in 1989.

In 1999, two years after he left Nestle, Hussain released a report in association with the non-profit organisation, Baby Milk Action, in which he alleged that Nestle was encouraging doctors to push its infant formula products over breastfeeding.

Nestle has been under investigation in China since 2011 over allegations that the company bribed hospital staff to obtain the medical records of patients and push its infant formula to increase sales.

In 2021, Nestle was named in a class action lawsuit filed by eight former child slaves from Mali who alleged that the company aided and abetted their enslavement on cocoa plantations in Ivory Coast.

Nestle has been involved in extensive union-busting activity in Colombia since it first arrived there.

Nestle continues to take control of aquifers and bottle their water for profit.

Nestle defended its ads, saying that they will show they have been truthful in their campaign.

Considerable controversy has surrounded Nestle's bottled water brand, Arrowhead, sourced from wells alongside a spring in Millard Canyon situated in a Native American Reservation at the base of the San Bernardino Mountains in California.

In San Bernardino Nestle pays the US Forest Service $524 yearly to pump and bottle about 30 million gallons, even during droughts.

Finally, while Zimmerman retired from his former role in 2005, he currently works as a paid consultant for Nestle, leading many investigative journalists to question Zimmerman's allegiances prior to his retirement from the Forest Service.

Nestle approached them in 2008 and they had been considering to trade their well water with Oregon's Oxbow Springs water, a publicly owned water source in the Columbia River Gorge National Scenic Area, and to sell the spring water at over 100 million gallons of water per year to Nestle.

Nestle then acknowledged that the exchange "will not be going forward", marking a definite end to the planned bottling operation.

Nestle settled for $9 million, without admitting liability, subject to court approval in the new year.

In 2002, Nestle demanded that the nation of Ethiopia repay US$6 million of debt to the company at a time when Ethiopia was suffering a severe famine.

Nestle backed down from its demand after more than 8,500 people complained via e-mail to the company about its treatment of the Ethiopian government.

Nestle agreed to re-invest any money it received from Ethiopia back into the country.

Unlike most of its Western competitors, Nestle was slow to announce any disinvestments or scaling back of its operations in Russia, drawing criticism.

Nestle employs 7,000 workers in Russia and stated they intend to protect them.

Nestle suspended shipment of non-essential items but continued to produce essential food items in Russia.

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Nestle is not a major purchaser of seafood in Southeast Asia, but does some business in Thailand – primarily for its Purina cat food.

Nestle was expected to launch a year-long program in 2016 focused on protecting workers across its supply chain.

Nestle has promised to impose new requirements on all potential suppliers, train boat owners and captains about human rights, and hire auditors to check for compliance with new rules.