BiG Research Flash Note: Nestle
Nestlé is a Swiss multinational company belonging to the Food and Beverage sector.
Founded in 1866 it is, in the present, one of the largest food company in the world and
one of the biggest companies in general. It is headquartered in Vevey, Switzerland. It
employs more than 300000 people. As most companies in its sector, its success is due to
the extent of its offering of products. It owns over 2000 different brands, spread through
more than 150 countries, and just last year it created over 1300 new products. Its focus
is on quality and innovation so as to build confidence with its consumers. Last year it
spent CHF 1687mn in research and development. It is involved not only in the final stages
of its products but throughout the supply chain (notably in its collaboration with cocoa
plantations in Africa and South America).
Nestle is a holding company which is based in Switzerland. Through its subsidiaries and allied companies, Co. is engaged in the food processing industry. Co.'s product portfolio has seven categories, Powder and Liquid Beverages, Nutritional and Health Science, Milk products and ice cream, Prepared dishes and cooking aids, PetCare, Confectionery and Water.
Banco de Investimento Global, S.A. (BiG) is a privately-held, specialized financial institution, with headquarters in Lisbon, and is licensed to operate in all business areas open to the banking sector in Portugal.
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