Nestle:Originated in 1905 merger of the Anglo-Swiss Milk Company for milk products established in 1866 by the Page Brothers in Cham, Switzerland, and theFarine Lactée Henri Nestlé Company set up in 1866 by Henri Nestlé to provide an infant food product.
Headquartered in Switzerland,it is the world's largestfoods company followed by Kraft's foods.Key acquisitions include Maggi,Thomy and Nescafe.Nestlé's production and sales rose in the wartime economy as Nescafe became the staple drink of the US Army.
Major M&A's: Maggi seasonings and soups - 1947 Crosse & Blackwell - 1950 Findus - 1953 Libby's - 1971Stouffer's - 1973.
Diversification came with 26.4% shareholding in L'OREAL,the world's largest company in cosmetics and beauty in 1974.In 1977, Nestlé made its second venture outside the food industry by acquiring Alcon Laboratories Inc.
Carnation - American Food Giant - 1984
British confectionary company Rowntree Mackintosh - 1988
Chef America - creator of Hot Pockets - 2002
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In 2006 it acquired Dreyer's and also bought a Greek icecream company thus becoming the world's biggest icecream maker.
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