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The company grew significantly during World War I and again following World War II, expanding its offerings beyond its early condensed milk and infant formula products. The company has made a number of corporate acquisitions including Crosse & Blackwell in 1960, Findus in 1963, Libby's in 1971, Rowntree Mackintosh in 1988, Klim in 1998, and ...
Nestlé owns 23.29% of L'Oréal, the world's largest cosmetics and beauty company, whose brands include Garnier, Maybelline, Lancôme and Urban Decay. Nestlé owned 100% of Alcon in 1978. In 2002 Nestlé sold 23.2% of its Alcon shares on the New York Stock Exchange.
BlueTriton Brands, Inc. is an American beverage company based in Stamford, Connecticut.A former subsidiary of Nestlé, it was known between 2002 and 2021 as Nestlé Waters North America, Inc. and operated as the North American business unit of Nestlé Waters.
Gerber Products Company is an American purveyor of baby food and baby products headquartered in Fremont, Michigan. Gerber Products Company is a subsidiary of Nestlé . Other Gerber products include breastfeeding pumps and other supplies, baby bottles and nipples, and health care products including tooth and gum cleanser and vitamin drops.
The company was formed in 2001 by combining Nestlé's Friskies PetCare Company with Ralston Purina, which acquired it for $10.3 billion. As of 2012 [update] , it is the second-largest pet food company globally (the first being Mars Petcare ) and the largest in the United States .
Libby's (Libby, McNeill & Libby) was an American company that produced canned food and beverages.The firm was established in 1869 in Chicago, Illinois.The Libby's trademark is currently owned by Libby's Brand Holding based in Geneva, Switzerland, and is licensed to several companies around the world, including Nestlé [1] and Conagra Brands [2].
Nestle's price-to-earnings ratio, used to gauge the relative value of a company's stock, is 17.7, down from more than 25 in June 2022. That is higher than the consumer goods industry average of 10 ...
Carnation was founded as an evaporated milk company, but demand decreased with the increasing availability of home refrigeration throughout the 20th century. Carnation diversified its product portfolio after the 1950s and was acquired by Nestlé in 1984 for $3 billion ($8,798,206,278 in 2023 dollars [ 3 ] ).