Title | Nestle - Summary Fluid Mechanics |
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Author | Sayak Chakraborty |
Course | Fluid Mechanics |
Institution | Indian Institute of Technology Kanpur |
Pages | 3 |
File Size | 218.1 KB |
File Type | |
Total Downloads | 70 |
Total Views | 158 |
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Nestle 1.
History: Formed in 1905 as Nestlé and Anglo-Swiss Condensed Milk Company Merger of Anglo-Swiss Milk Company (1866) by brothers George Page and Charles Page and Farine Lactée Henri Nestlé (1866) by Henri Nestlé.
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Employee Strength: 339,000 (Nestle’) and around 5001 (Nestle’ India)
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Key personnel: Nestle: Peter Brabeck-Letmathe (Chairman), Paul Bulcke (CEO) Nestle’ India: Antonio Helio Waszyk (Chairman and Secretary), B Murli (Company Secretary)
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Logo:
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Industry: Food processing
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HQ, Major Office Locations, Subsidiaries : Headquarters: Vevey, Switzerland Major Office Locations: 450 factories, operates in 86 countries. Some include: Australia, Brazil, France, Germany, India Japan, etc Subsidiaries: 406 subsidiaries worldwide UK Subsidiaries: Neslaw No 1 Ltd, Nespresso Ltd, Nestlé Waters UK Ltd, etc Nestlé India is also a subsidiary of Nestlé S.A. Nestle’ India: 8 factories Head Office: Gurgaon, Haryana Manufacturing facility: Moga (Punjab), Choladi (Tamil Nadu), Pantnagar (Uttarakhand). In 2012, Nestle India set up its 8th manufacturing facility at Tahliwal (Himachal Pradesh). Branch Office: Delhi, Mumbai, Chennai and Kolkata
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Area of Business: Worldwide
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Major Brands & Products: Nestlé owns around 8,000 brands. Nestle’ India’s brands: Nestle Milk Products and Nutrition: Nestlé Milk, Nestlé Milkmaid, Nestlé Everyday Ghee, Nestle’ Everyday, Nestle Cerelac Nestle Beverage Products: Nescafe Classic, Nescafe Sunrise, Nestlé Milo, Nescafe Mild Nestle Prepared Dishes And Cooking Aids: Maggi 2-Minute Noodles, Maggi Vegetable Atta Noodles, Maggi Sauces, Maggi Healthy Soups Nestle Chocolates And Confectioneries: Nestlé Kit Kat, Nestlé Munch, Nestlé Milkybar, Nestle Eclairs, Polo
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Major Competitors: Global competitors: Danone, Kraft Foods Group Inc, General Mills Inc, Kellogg Company
10. Financials: Nestle’: As on 31st Dec ’12, Sales: 92,186 millions of CHF (Swiss Franc), Operating Profit (PBIT): 13,932 millions of CHF, Profit (PAT) : 11,060 millions of CHF Nestle’ India: As on Dec ’12 Gross Sales: 8,614.15 Cr, Operating Income (PBIDT): 1,825.34 Cr PAT: 1,067.93 Cr 11. Recent happenings: Chocolate giant Nestle has moved to settle a class action lawsuit accusing it of price fixing and price maintenance in Canada (17/09/13) Nestle has extended its Quality Street and After Eight confectionery brands in the UK with the launch of two chocolate desserts (02/09/13) A US court has rejected arguments that Nestle Nutrition used "misleading" health claims to justify a price premium for probiotic infant formula products sold under its Gerber brand (30/08/13) Angel Broking has maintained neutral rating on Nestle India, in its research report (17/05/13) Nestle India reported a 10.33 % increase in net profit to Rs 271.38 crore for Q2 ended in June 12.
Mergers, Acquisitions, Divestments, Alliances: 1947 1974 1977 1984 2001
Merger with Alimentana S.A.(Maggie) Major shareholder in L'Oréal Acquisition of Alcon Laboratories Inc., a U.S. manufacturer of pharmaceutical and ophthalmic products Acquisition of American food giant, Carnation Merged with the Ralston Purina Company to form a new pet food company, Nestlé Purina PetCare Company
2002 2002 2003 2006 2007 2011 2011 2011
Merger of Nestle’s U.S. ice cream business with Dreyer’s Acquisition of Chef America Inc., a leading frozen food product business. Acquisition of Mövenpick Ice Cream, a swiss ice-cream brand of super-premium category Acquired Jenny Craig and Uncle Toby's Acquired Novartis Medical Nutrition, Gerber and Henniez Sold remaining Alcon, eye-care specialist, shares to Novartis and also acquired Kraft Foods’ frozen pizza business Partnership in April with Chinese food company Yinlu, a manufacturer of ready-todrink peanut milk and canned rice porridge Partnership with Hsu Fu Chi, a Chinese confectionery and snacks manufacturer
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CSR Initiatives: Nestlé launched a two-day forum on Creating Shared Value in New York in collaboration with the United Nations Office for Partnerships and the Mission of Switzerland to the United Nations in April 2009. Initiatives in nutrition, water and rural development Company launched the Nestlé Healthy Kids Global Programme aimed to addresses some of the world’s most complex challenges today: both malnutrition and increasing obesity rates, particularly among school-age children. Nestlé currently supports education programmes that reach over 10 million children Opening of the Abidjan Research & Development Centre in Côte d’Ivoire demonstrates Nestlé’s commitment to rural development in Africa Nestlé Prize in Creating Shared Value, provides financial support (every 2 years) of up to CHF 500,000 (USD 461,000) to individuals, NGOs, or small enterprises offering innovative solutions to nutritional deficiencies, access to clean water or progress in rural development In order to promote Universal Primary Education and ensure availability of basic sanitary facilities, Nestle’ India sponsors the construction of sanitation facilities for female students in village schools around their factories. 37 such facilities have been created benefitting over 15,000 female students
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References: http://www.nestle.in/ http://en.wikipedia.org/wiki/Nestl%C3%A9 http://www.nestle.com/ http://business.mapsofindia.com/fmcg/companies/nestl%C3%A9-india.html http://www.slideshare.net/SachinDhakrao/nestle-india-ltd http://profit.ndtv.com/stock/nestle-india-ltd_nestleind/financials-profit-loss http://www.moneycontrol.com/company-article/nestleindia/news/NI http://www.just-food.com/companies/nestl%C3%A9_id15 http://www.nestle.com/assetlibrary/documents/library/documents/financial_statements/2012-financial-statementsen.pdf http://www.nestle.com/aboutus/history http://www.csr-weltweit.de/en/service/news/article/nestle-schreibt-preis-fuergemeinsame-wertschoepfung-aus/index.nc.html...