Nestlé is known throughout the world for being a purveyor of candy, but their empire expands far beyond confections. The conglomerate also owns brands of bottled water, pet products, health-care products, and frozen foods. While these brands don’t always include the Nestlé moniker on the packaging, they are still owned by the Swiss food and beverage giant. It’s no wonder that Nestlé is the largest food company in the world.
The team at WyomingLLCAttorney.com took a look at the variety of Nestlé products sold around the world to create a map of just how much this massive multinational company owns.
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What Does Nestlé Own?
The company is known for its massive candy portfolio, but many people may not know that these are also Nestlé brands:
- Poland Spring
- S. Pellegrino
- Deer Park
- Toll House
- Starbucks Coffee at Home
- Hot Pockets
- DiGiorno Pizza
- Buitoni Pasta
- Tombstone Pizza
- Lean Cuisine
- Sweet Earth
- Libby’s Pumpkin
- Fancy Feast
- Tidy Cats
The list of companies owned by Nestlé has grown exponentially through the years and encompassed a vast collection of brands, ranging from pet food to health devices.
Nestlé also is a major stakeholder in L’Oréal, the multinational cosmetics conglomerate. L’Oréal itself owns many notable personal care brandsn like Lancôme, Garnier, Maybelline, Urban Decay, and Kiehl’s.
Famous Nestlé Acquisitions
To become the world’s largest food company, Nestlé has acquired many other successful food and confection companies. The following are some of their most notable acquisitions:
- Ralston Purina in 2001 for $10.3 billion
- Gerber in 2007 for $5.5 billion
- Altrium Innovations in 2017 for $2.3 billion
- Freshly in 2020 for up to $1.5 billion
- Stouffer’s in 1973 for $105 million
- Rowntree Mackintosh Confectionery in 1988
- Libby’s in 1970
- Maggi in 1947
While these Nestlé subsidiaries once stood as independent companies, they are now a part of the Nestlé umbrella.
Nestlé is not without its controversies. The most famous involves their baby formula marketing. Critics accused the company of aggressively marketing their baby formula products in less economically developed countries in the 1970s, claiming that their products were healthier than breastfeeding. This led to a Nestlé boycott in the United States and parts of Europe that lasted from 1977 until 1984, when Nestlé agreed to follow an international marketing code put forth by the World Health Organization. Similar allegations were made in Pakistan in the 1990s and China in the 2010s.
The company has also been accused of using child labor for cocoa production on West African plantations. In February of 2021, Nestlé was named along with several other chocolate manufacturers in a class-action lawsuit accusing them of knowingly engaging in forced labor.
Nestlé Waters has also come under fire. Some communities have criticized Nestlé for tapping water from springs that may be taking away from residential water use during times of drought. This has resulted in accusations that Nestlé views water as a commodity to make money rather than a human right.