Overview
Description
Nestlé S.A. is the world's largest manufacturer of packaged food and beverage products, headquartered in Vevey, Switzerland. Founded in 1866 through the merger of pioneering Swiss companies developing condensed milk and infant formula, it has evolved into a multinational powerhouse operating factories in over 80 countries and selling in nearly 200 nations. The company offers a vast portfolio exceeding 2,000 brands across seven key categories, including coffee like Nescafé and Nespresso, chocolates such as Kit Kat, baby foods like Gerber, pet care under Purina, frozen meals, ice cream, breakfast cereals, and health-focused nutrition products. Nestlé's strategy emphasizes innovation, mergers, and acquisitions to diversify into beverages, milk products, pet food, and wellness, while adapting to consumer demands for healthier options by reducing artificial ingredients and launching plant-based alternatives. It plays a pivotal role in the global consumer staples sector, balancing economic scale with commitments to nutrition, health, and sustainability amid ongoing market adaptations.
About
CEO
Mr. Philipp Navratil
Employees
251786
Address
Avenue Nestlé 55
11 Bermudiana Road
Vevey, 1800, MI
Switzerland
11 Bermudiana Road
Vevey, 1800, MI
Switzerland
Phone
41 21 924 1111
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Packaged Foods
Country
Germany
MIC code
XDUS