It is a Swiss company.

Nestle was founded by Henri Nestle in 1867 and is headquartered in Vevey on Lake Geneva, Switzerland. It has more than 500 factories around the world, making it the world's largest of food manufacturers. The company originated in Switzerland, originally producing baby food, and is famous for its chocolate bars and instant coffee.

On April 18, 2018, it was notified by the State Administration for Market Regulation due to deficiencies in maintaining production license conditions and implementing food safety management systems.

On August 28, 2018, Nestlé acquired Starbucks’ retail coffee business for US$7.15 billion. In December 2018, the "Top 500 World Brands 2018" compiled by the World Brand Laboratory was announced, and Nestlé ranked 22nd.

Extended information:

Development history

Nestle was founded in 1867. In the 1860s, Henri Nestle, a Swiss pharmacist who worked as a pharmacist, prepared baby food for babies who could not enjoy breast milk and invented a dairy product for parenting that added fructose and nutrients. Milk powder was an excellent parenting food at that time.

Henri Nestle took advantage of the situation and founded the baby milk powder company in 1867. He used his name Nestle as the brand name of his product and the bird's nest pattern as the trademark graphic.

In 1905, Nestlé Infant Milk Powder Company merged with another American food company and was named Nestlé Anglo-Swiss Condensed Milk Company; in 1949, it was purchased by another Swiss company and changed to its current name Nestlé Food Company .

Nestlé's sales in 2010 reached 109.7 billion Swiss francs, and its net profit reached 34.2 billion Swiss francs. About 95% of this comes from the sale of food, making Nestlé the world's largest food manufacturer and one of the largest multinational companies.

The company is best known for its chocolate bars and instant coffee, and has a rich product range tailored to the local market and culture. Nestlé has more than 443 factories in 81 countries on five continents. The production and sales of all products are completed by more than 200 departments under the leadership of the headquarters. 98% of Nestle's sales come from abroad, so it is called "the most international multinational group".

Baidu Encyclopedia--Nestle Company