Having
respect for its employees and stakeholders outside the company and embracing
honesty and legality, Nestle is the biggest company in the food and beverage
industry, with presence in 189 countries and carrying 2000 brands. With the purpose of improving and making a contribution to the quality
of life for healthier lives in the future, Nestle supports the accomplishment
of the UN Sustainable Development Goals through its three aims --- to make 50
million children have healthier livers, to help 30 million livelihoods across
communities that form part of the company’s stakeholders .
History of Nestlé in 150 year
In
1866, Charles and George Page founded Anglo-Swiss Condensed Milk Company,
offering Milkmaid brand in Europe. In 1867, Henri Nestle, a
German-born pharmacist, founded Nestle, developing infant milk as an
alternative to breastmilk. Rivalry ensued between Nestle and Anglo-Swiss when
they both started offering substitute versions of the other’s original
products: infant cereal and condensed milk. In 1882, Anglo-Swiss made expansion
in the US but was halted due to the death of George Page. In 1902, Anglo-Swiss
sold its operations in the US. In 1905, Nestle Group was born from the merger
between Anglo-Swiss Condensed Milk Company and Nestle which was the company
that Henri Nestle established. Nestle started producing chocolate for export
through Peter & Kohler. Since 1905, Nestle Group has expanded with
subsidiaries across Asia, Africa, Australia, and Latin America, thereby
becoming a global company. In 1916, Nestle Group bought Egron, a Norwegian
dairy company for the production of milk powder. From after the war to the
Great Depression, Nestle Group experienced crisis but also made developments in
management and research that led to long lasting product lines, including
Nescafe coffee. During World War II, Nestle Group supplied both the military
and civilians with its products. After the war, Nestle Group expanded its
product range and experienced growth throughout the post-war period. In the
early 70s, Nestle Group entered the cosmetic and pharmaceutical industries.
From the 1980s to 2005, Nestle Group made further expansion, promoting its
profitable brands and discarding the dull ones. From 2006 to date, Nestle has
continued to expand and enhanced its market position for its brands. Moreover,
the company launched the Nestlé Cocoa Plan and Nescafé Plan to promote
sustainability across its supply chains for cocoa and coffee .
Reference:
Nestle. (2018). About us.
Retrieved from https://www.nestle.com/aboutus
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