Nestle is a publicly owned multinational food processing conglomerate. Retail investors own approximately 68% of the company, while institutional investors own the other 32%.
The company comprises many brands and is headquartered in Vaud, Switzerland. Nestle owns brands ranging from Gerber baby food to Purina pet foods. In total, over 2,000 varying brands of products make up the Nestle portfolio. Nestle also owns a minority stake (23%) in L'Oreal, the world's largest cosmetics manufacturer.
In 2021, the company's reported revenue was over $95.7 billion. Nestle employs over 339,000 employees in 189 countries, with 105 facilities in the United States and Canada. The massive collection of brands and products is currently overseen by Paul Bulcke, who is listed as the chairman and former CEO of Nestle.
