The story of Nestlé

Nestlé. Swiss food and drink company; a major shareholder of L’Oréal.

1978

Oswaldo Ballarin worked at Nestlé. Chairman of the board of the company that made and sold Nestlé products in Brazil.

May 1981

Nestlé adopted International Code of Marketing of Breast-milk Substitutes.

According to Nestlé. This is one side’s account, not established fact.

May 1982

Nestlé founded Nestlé Infant Formula Audit Commission.

7 Dec 2021

Nestlé owns a stake in L’Oréal. 23.3%, as of 7 Dec 2021.

The stake before L’Oréal repurchased 4.0 per cent of its own shares from Nestlé for €8,904 million.

2024

7 May 2024: Nestlé disputes a finding of BMS Marketing Index 2024.

According to Nestlé. This is one side’s account, not established fact.

31 Dec 2024: Nestlé owns a stake in L’Oréal. 20.14%, as of 31 Dec 2024.

Each side is quoted in its own words. Whether a finding holds is not decided here.

Nestlé, involved in The Bern libel case over “Nestlé Kills Babies”, The 2004 agreement between the Bettencourt Meyers family and Nestlé, L’Oréal buys back 4 per cent of its shares from Nestlé (2021) and The Nestlé boycott.

Nestlé, headquartered in Vevey.

11 sourced connections, each with its evidence. Open the explorer to follow any of them further, filter by lens, or move through time.

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