Nestle

History

Year	Detail
1866	The company was established.
1867	The company developed baby food.
1875	The company manufactures milk chocolate for the first time.
1905	Nestle and Anglo-Swiss merged to form the Nestle & Anglo-Swiss Milk Co.
1916	Nestle and Anglo-Swiss acquired Egron, a Norwegian dairy co.
1921	Nestle and Anglo-Swiss faced a significant crisis owing to the decrease in demand for milk by military forces.
1934	Milo, a melted chocolate drink launched in Australia.
1947	The company added Maggi soup and seasonings to its product range and adopted Nestle Alimentana.
1954	Nestle's infant cereal was rebranded as Cerelac.
1970	The company diversified its business into cosmetics and pharmaceuticals.
1974	The company holds a minority share in global cosmetics, such as L'Oreal.
1991	The company developed a joint venture with General Mills and Cereal Partners Worldwide to manufacture and market breakfast cereals worldwide.
1992	The company acquired Perrier Group and developed its position in mineral waters.
2010	The company acquired Kraft Foods' frozen pizza business.
2012	The company acquires Wyeth Nutrition for $11.9 billion.
2018	The company acquires Tails.com, a dog nutrition business.