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82	82	[[image:NestleHQ.jpg||alt="Nestle Headquarters"]]
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	84	+During this period of time, the company sells several of its business segments and ends ties with some businesses. In the meantime, it has created some newer joint ventures, reduced control in some and increased control in other joint ventures. In 2013, the company sold its weight management business Jenny Craig in America and Oceania. With the creation of Nestlé Skin Health, Nestlé takes full control of the Galderma dermatology joint venture which it created with L’Oréal in 1981. The companies also end their joint venture Innéov, a cosmetic nutritional supplements business launched in 2002. Galderma subsequently acquires some of its assets. The company sold French frozen foods business Davigel in 2015. In 2018, Nestlé and The Coca-Cola Company end their Beverage Partners Worldwide joint venture. The company closes the sale of Nestlé Skin Health, and sells 60% of its stake in Herta and creates a joint venture with Casa Tarradellas. The company sells its business of Yinlu peanut milk and canned rice porridge in 2020. In 2021, the company sold the water business segment Nestlé Waters North America brands with a view to transforming its business strategy. In the same year, the company reduces its stake in L'Oréal.
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	86	+//In this period of time, //Nestlé articulates its Creating Shared Value approach to business for the first time, and launches its Nestlé Cocoa Plan and Nescafé Plan to further develop sustainable supply chains in cocoa and coffee. While strengthening its position in traditional segments, infant formula and frozen foods, Nestlé strengthens its focus on medical nutrition.
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	88	+== Summary of the history of Nestlé SA ==
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	90	+A steady growth of Nestlé has been reported throughout the years in the above paragraphs. What has started in 1867 in the hands of Henri Nestlé, has fared through time with hundreds of mergers, starting with merger with Anglo-Swiss in 1905.
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	92	+Whenever Nestlé saw a product doing great in the market and it wished to develop it, it sought a company that sells that product and merged with it or acquired it or entered into a join venture with it. Thus, Nestlé included many a product into its portfolio over time such as chocolates, //Maggi //soup, and Petcare. The company used to acquire another business and make a different unit that deals with certain products. Examples exist such as Nestlé Purina, Nestlé & Anglo-Swiss, Nestlé-Peter-Cailler-Kohler and so on. The development of new products always came from the demand in markets and a careful consideration of Nestlé group about the nutrition and convenience of its target consumers.
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	95	+[[image:NestleHQ_Lead.jpg||alt="Nestle Headquarter Lead" height="396" width="593"]]
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