From version < 2.2 >
edited by Md. Touhidul Islam
on 2022/06/21 02:11
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edited by Md. Touhidul Islam
on 2022/06/21 02:12
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23 23  
24 24  == Group Structure and Shareholders ==
25 25  
26 -Nestlé Group is listed on the stock markets of countries worldwide as the company itself or the subsidiaries.{{footnote}}See Financial Statements 2021, p.154 for complete list. Available at: https://www.nestle.com/sites/default/files/2022-03/2021-corp-governance-compensation-financial-statements-en.pdf{{/footnote}}
26 +Nestlé Group is listed on the stock markets of countries worldwide as the company itself or the subsidiaries.{{footnote}}See Financial Statements 2021, p.154 for complete list. Available at: https://www.nestle.com/sites/default/files/2022-03/2021-corp-governance-compensation-financial-statements-en.pdf{{/footnote}} Nestlé S.A. shares are listed on the SIX Swiss Exchange in Switzerland. On December 31, 2021, the market capitalization of the company was CHF 351,682,442,600.
27 27  
28 +Major shareholders of the company include BlackRock Inc., New York, who holds 4.998% of Nestlé S.A.’s share capital. The capital Group Companies, Inc., Los Angeles, directly or indirectly holds 3.55% of the company’s share. All the other shareholders, as per the best knowledge of Nestlé S.A., hold less than 3% of the company’s stake.
28 28  
30 +== History of Nestlé ==
29 29  
32 +Henri Nestlé, a trained pharmacist, develops a breakthrough infant food in 1867 namely ‘farine lactée’ (‘flour with milk’) and launches it in Vevey, Switzerland. The product combines cow’s milk, wheat flour and sugar, and Nestlé develops it for the infants who cannot be breastfed. The ‘Nest’ logo of the group came into being around this time.
30 30  
34 +However, the history starts 1 year back in 1866 when US brothers Charles and George Page had established Anglo-Swiss Condensed Milk Company, which would merge with Nestlé to become Nestlé Group in 1905. They established their first condensed milk production facility in Cham and they ran the //Milkmaid //brand.
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