150 years ago, German-born pharmacist Henri Nestlé thought to help children who can not breastfeed by developing an innovative substitute. When his company merged with an English-Swiss milk producer, Nestlé was founded. Then a world-renowned voyage was launched, where Nestlé became the world’s largest food and beverage producer with nearly 450 plants operating in 191 countries, 330 000 employees and over 2 000 brands, including Nesquik, KitKat, Perrier, Friskies and Mövenpick. During these years, Nestlé has diversified itself from the early core activities of baby food and dairy products such as chocolate to also include healthcare, pet food, skin care, coffee and drinks.
With an annual income of CHF 89 billion (2016), Nestlé has entered the top 100 of the Forbes Global 500 list, is a major stakeholder of L’Oreal and have had a joint venture with Coca Cola.