Nestle S.A. has its Headquarter in Switzerland and is present in more than 194 countries, Nestle S.A is famous for its brands like Nescafe, Maggie, KitKat etc.
Although it operates mainly in food and confectionary business leaving the personal care segment empty it is one of the biggest FMCG company. Company claims to provide good life with the help of good food to the peoples.
Nestle was established in 1866 by Henri Nestle, a pharmacist, as a producer of food for babies who were unable get mother’s milk. Nestle owns some of the world's well-known brands across diverse product categories.
Nestle was announced by Fortune Magazine to be the most profitable company in the year 2011. Nestle acquired its flagship brand Maggie in 1947 which has helped to increase Nestle’s revenues significantly in recent years. Nestlé’s lack of diversification is very well reflected in its results which changes as per the changes in food segment.
In 2014, for altering its policies and practices to minimize adverse impacts on animals Nestlé received the Henry Spira Corporate Progress Awards. In March 2015, Nestle was ranked second in the list Oxfam’s Behind the Brands scorecard, where the NGO ranks the world’s ‘Big 10’ consumer food & beverage companies on the basis of their policies.