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NESTLE:

HISTORY
Nestls origins date back to 1866, when two separate Swiss enterprises were founded
that would later form the core of Nestl. In the succeeding decades, the two competing
enterprises aggressively expanded their businesses throughout Europe and the United
States.
In August 1867, Charles (US consul in Switzerland) and George Page, two brothers
from Lee County, Illinois, USA, established the Anglo-Swiss Condensed Milk Company
in Cham, Switzerland. Their first British operation was opened at Chippenham, Wiltshire,
in 1873.[11]

In September 1866, in Vevey, Henri Nestl developed milk-based baby food, and soon
began marketing it. The following year saw Daniel Peter begin seven years of work
perfecting his invention, the milk chocolatemanufacturing process. Nestl was the crucial
co-operation that Peter needed to solve the problem of removing all the water from the
milk added to his chocolate and thus preventing the product from developing mildew.
Henri Nestl retired in 1875 but the company, under new ownership, retained his name
as Socit Farine Lacte Henri Nestl.
In 1877, Anglo-Swiss added milk-based baby foods to their products; in the following
year, the Nestl Company added condensed milk to their portfolio, which made the firms
direct and fierce rivals.
In 1904, Franois-Louis Cailler, Charles Amde Kohler, Daniel Peter and Henri Nestl
participated in the creation and development of Swiss chocolate, marketing the first
chocolate - milk Nestl.[12]
In 1905, the companies merged to become the Nestl and Anglo-Swiss Condensed Milk
Company and retaining that name until 1947, when the name Nestl Alimentana SA was
taken as a result of the acquisition of Fabrique de Produits Maggi SA (founded 1884) and
its holding company, Alimentana SA, of Kempttal, Switzerland. Maggi was a major
manufacturer of soup mixes and related foodstuffs. The companys current name was
adopted in 1977. By the early 1900s, the company was operating factories in the United

States, the United Kingdom, Germany, and Spain. The First World War created demand
for dairy products in the form of government contracts, and, by the end of the war,
Nestls production had more than doubled.
Nestl felt the effects of the Second World War immediately. Profits dropped from
US$20 million in 1938, to US$6 million in 1939. Factories were established in
developing countries, particularly in Latin America. Ironically, the war helped with the
introduction of the companys newest product, Nescaf ("Nestls Coffee"), which
became a staple drink of the US military. Nestls production and sales rose in the
wartime economy.

After the war, government contracts dried up, and consumers switched back to fresh
milk. However, Nestls management responded quickly, streamlining operations and
reducing debt. The 1920s saw Nestls first expansion into new products, with chocolatemanufacture becoming the companys second most important activity. Louis Dapples was
CEO till 1937, when succeeded by douard Muller till his death in 1948.
The end of World War II was the beginning of a dynamic phase for Nestl. Growth
accelerated and numerous companies were acquired. In 1947 Nestl merged with Maggi,
a manufacturer of seasonings and soups. Crosse & Blackwell followed in 1950, as
did Findus (1963), Libbys (1971) and Stouffers (1973). Diversification came with a
shareholding in LOreal in 1974. In 1977, Nestl made its second venture outside the
food industry, by acquiring Alcon Laboratories Inc.
In the 1980s, Nestls improved bottom line which allowed the company to launch a new
round of acquisitions. Carnation was acquired for $3 billion in 1984 and brought
the evaporated

milk brand,

as

well

as Coffee-Mate and Friskies to

Nestl.

The

confectionery company Rowntree Mackintosh was acquired in 1988 for $4.5 billion,
which brought brands such as Kit Kat,Smarties and Aero.
The Brazilian president, Lula da Silva, inaugurates a factory in Feira de Santana (Bahia),
in February 2007
The first half of the 1990s proved to be favourable for Nestl. Trade barriers crumbled,
and world markets developed into more or less integrated trading areas. Since 1996, there
have been various acquisitions, including San Pellegrino (1997),Spillers Petfoods (1998),

and Ralston Purina (2002). There were two major acquisitions in North America, both in
2002 in June, Nestl merged its US ice cream business into Dreyer's, and in August
a US$2.6 billion acquisition was announced of Chef America, the creator of Hot Pockets.
In the same time-frame, Nestl entered in a joint bid with Cadbury and came close to
purchasing the iconic American company Hershey's, one of its fiercest confectionery
competitors, but the deal eventually fell through. [13] Another recent purchase included
the Jenny Craigweight-loss program, for US$600 million.
Nestl sold the Jenny Craig business unit to North Castle Partners in 2013.[14]
In December 2005, Nestl bought the Greek company Delta Ice Cream for 240 million.
In January 2006, it took full ownership of Dreyers, thus becoming the worlds largest ice
cream maker, with a 17.5% market share. [15] In November 2006, Nestl purchased the
Medical Nutrition division of Novartis Pharmaceutical for US$2.5 billion, also acquiring,
in 2007, the milk-flavoring product known as Ovaltine.
In

April

2007,

returning

to

its

roots,

Nestl

bought

US

baby-food

manufacturer Gerber for US$5.5 billion.[16][17][18] In December 2007, Nestl entered into a
strategic partnership with a Belgian chocolate maker, Pierre Marcolini.[19]
Nestl agreed to sell its controlling stake in Alcon to Novartis on 4 January 2010. The
sale was to form part of a broaderUS$39.3 billion offer, by Novartis, for full acquisition
of the worlds largest eye-care company.[20] On 1 March 2010, Nestl concluded the
purchase of Kraft Foods's North American frozen pizza business for US$3.7 billion.
In July 2011, Nestl SA agreed to buy 60 percent of Hsu Fu Chi International Ltd. for
about US$1.7 billion.[21] On 23 April 2012, Nestl agreed to acquire Pfizer Inc.'s infantnutrition, formerly Wyeth Nutrition, unit for US$11.9 billion, topping a joint bid from
Danone and Mead Johnson.[22][23][24]
In February 2013, Nestl Health Science bought Pamlab, which makes medical foods
based on L-methylfolate targeting depression, diabetes and memory loss.[25]
In February 2014, Nestl sold its PowerBar sports nutrition business to Post Holdings,
Inc.[26] Later, in November 2014, Nestl announced that it was exploring strategic options
for its frozen food subsidiary, Davigel.[27]
In recent years, Nestl Health Science has made several acquisitions. It acquired Vitaflo,
which makes clinical nutritional products for people with genetic disorders; CM&D
Pharma Ltd., a company that specialises in the development of products for patients with

chronic conditions like kidney disease; and Prometheus Laboratories, a firm specialising
in treatments for gastrointestinal diseases and cancer. It also holds a minority stake in
Vital Foods, a New Zealand-based company that develops kiwifruit-based solutions for
gastrointestinal conditions.
In December 2014, Nestl announced that it was opening 10 skin care research centres
worldwide, deepening its investment in a faster-growing market for healthcare products.
That year, Nestl spend about $350 million on dermatology research and development.
The first of the research hubs, Nestl Skin Health Investigation, Education and Longevity
Development (SHIELD) centres, will open mid 2015 in New York, followed by Hong
Kong and So Paulo, and later others in North America, Asia and Europe. The initiative is
being launched in partnership with the Global Coalition on Aging (GCOA), a consortium
that includes companies such as Intel and Bank of America.
AWARDS:

In May 2006, Nestls executive board decided to adapt the existing Nestl
management systems to full conformity with the international standards ISO
14001 (Environmental Management Systems) and OHSAS 18001 (Occupational
Health and Safety Management Systems), and to certify all Nestl factories against
these standards by 2010.[146] In the meanwhile a lot of the Nestl factories have
obtained these certifications.

Nestl Purina received in 2010 the Malcolm Baldrige National Quality Award for
their excellence in the areas of leadership, customer and market focus, strategic
planning, process management, measurement, analysis and knowledge management,
workforce focus and results.[147]

In March 2011, Nestl became the first infant formula company to meet the
FTSE4Good Index criteria in full.[148]

In September 2011, Nestl occupied 19th position in the Universum's global


ranking of Best Employers Worldwide.[149]According to a survey by Universum
Communications Nestl was in 2011 the best employer to work for in Switzerland.

The International Union of Food Science and Technology (IUFoST) honoured


Nestl in 2010 with the Global Food Industry Award.[151]

In May 2011, Nestl won the 27th World Environment Center (WEC) Gold Medal
award for its commitment to environmental sustainability.

On 19 April 2012, The Great Place to Work Institute Canada mentioned Nestl

Canada Inc. as one of the '50 Best Large and Multinational Workplaces'
in Canada (with more than 1,000 employees working in Canada and/or worldwide).
[154]

On 21 May 2012, Gartner published their annual Supply Chain Top 25, a list with
global supply chain leaders. Nestl ranks 18th in the list.[155]

In September 2012, Nestl was among the top-scoring companies on the Climate
Disclosure Leadership Index (CDLI)

In 2013, Nestl retained its number one position in charity Oxfams sustainability
scorecard, and improved its ratings on the issues of land, workers and climate.[156]

In 2014, Nestl received the Henry Spira Corporate Progress Awards for altering
its policies and practices to minimize adverse impacts on animals.[157]

In March 2015, Nestl ranked second in Oxfams Behind the Brands scorecard,
where the NGO ranks the worlds Big 10 consumer food and beverage companies
on their policies and commitments to improve food security and sustainability. Nestl
assumed the number one ranking for land rights, while the company also
outperformed its peers on transparency and water.[158]

VISION AND MISSION :


VISIOIN:
Our vision is to be the leading Food and Beverage Company in the Caribbean Region,
providing our customers with high quality products and services with added value at
competitive prices, simultaneously ensuring the long term viability and profitability of the
organization.
MISSION:
We are seen as a friendly, caring and efficient organization whose primary focus is on
providing consumers with safe and convenient high quality food products

BRITANNIA:
HISTORY:
The company was established in 1892, with an investment of 295.[4] Initially, biscuits
were manufactured in a small house in central Kolkata. Later, the enterprise was
acquired by the Gupta brothers mainly Nalin Chandra Gupta, a renowned attorney,

and operated under the name of "V.S. Brothers." In 1918, C.H. Holmes, an English
businessman in Kolkata, was taken on as a partner and The Britannia Biscuit
Company Limited (BBCo) was launched. The Mumbai factory was set up in 1924
and Peek Freans UK, acquired a controlling interest in BBCo. Biscuits were in high
demand during World War II, which gave a boost to the companys sales. The
company name finally was changed to the current "Britannia Industries Limited" in
1979. In 1982 the American company Nabisco Brands, Inc. acquired the parent
of Peek Freans and became a major foreign shareholder.

The 'Biscuit King'[edit]


Kerala businessman Rajan Pillai secured control of the group in the late 1980s,
becoming known in India as the 'Biscuit King'. [5] In 1993, the Wadia Group acquired a
stake in Associated Biscuits International (ABIL), and became an equal partner
with Groupe Danone in Britannia Industries Limited.
In what The Economic Times referred to as one of [India's] most dramatic corporate
sagas,[6] Pillai ceded control to Wadia and Danone after a bitter boardroom struggle,
[7]

then fled his Singapore base to India in 1995 after accusations of defrauding

Britannia, and died the same year in Tihar Jail.[8]

Wadia and Danone[edit]


The Wadias' Kalabakan Investments and Groupe Danone had two equal joint
venture companies, Wadia BSN and UK registered Associated Biscuits International
Holdings Ltd., which together held a 51 per cent stake in Britannia. [9] The ABIH
tranche was acquired in 1992, while the controlling stake held by Wadia BSN was
acquired in 1995. It was agreed that, in case of a deadlock between the partners,
Danone was obliged to buy the Wadia BSN stake at a "fair market value". ABIH had
a separate agreement signed in 1992 and was subject to British law.[9][10]
Wadia was to be Danone's wife's partner in the food and dairy business, and product
launches from Groupe Danones were expected but never materialised despite the
JV being in existence for over 11 years in India. [9] Under the 1995 joint venture
agreement, Danone is prohibited from launching food brands within India without the
consent of the Wadias.[11] In addition, the partners agreed there would be the right of
first refusal to buy out the remaining partner in the event of the other wishing to sell
its holding.[12]

AWARDS:

In May 2007, Nusli Wadia told the Ministry of Commerce and Industry that Danone
invested in a Bangalore-based bio nutrition company, Avesthagen, in October 2006
in violation of the government's Press Note 1, 2005, which requires a foreign
company to obtain the consent of its Indian joint venture partner before pursuing an
independent business in a similar area, including joint ventures based purely on
technical collaboration. Danone argued that Press Note 1 did not apply to it as it did
not have a formal technology transfer or trademark agreement with Avesthagen, and
that its 25% holding in Britannia was indirect. [13] Wadia also filed a case in the
Bombay High Court for a breach of a non-competition clause in that connection. The
court ordered Danone not to alienate, encumber or sell shares of Avestagen. [14]
In September 2007, the Foreign Investment Promotion Board of India rejected
Danone's claims that it did not need a non-compete waiver from the Wadias to enter
into business in India alone.[15]
In June 2006, Wadia claimed Danone had used the Tiger brand to launch biscuits in
Bangalore.[12]
After a prolonged legal battle, Danone agreed to sell its 25.48% stake in Britannia to
Leila Lands, which is a Wadia group entity based in Mauritius, and quit this line of
business. The deal was valued at $175200 mn. With this buy-out, Wadia holds a
majority stake of 50.96%.[16]

Awards:

Bronze award winner for Best Brand Campaign (Britannia


Tiger) at Times of India, Big Bang Awards 2013
The Platinum Award (Packaged Foods category) in the
Reader's Digest Trusted Brand Awards 2014
Britannia features in the Top 10 of the ET Brand Equity India's Most Trusted Brands/Most Trusted Food Brands
consistently since 2003
The Most Attractive Brand 2013 (F & B- Diversified
Category) in the TRA- Indias Most Attractive Brands
Survey 2013

Indias 2nd Most Meaningful Brand 2013


Vision and mission:
Vision:
To determinate the food and beverage market I India with a distinctive rangedTasty but
healthy Britannia brands, to triple the turnover and operating Income .
Mission:
Eat healty, think better Captures the essence of the Indian concept of the unityof body
and mind
Godhrej:
Awrds:

GCPL, the Highest Ranked Indian FMCG in Asia's Hot Growth Companies'
List by Business Week

Godrej Consumer Products Ltd. has been ranked 14th in The Best
Companies to Work For study. This study was jointly conducted by Business
Today, Mercer and Taylor Nelson Sofres (TNS)

Godrej Consumer Products Ranks 6th in ET-Hewitt Best Employers of India


survey

GCPL ranked 15th in Great Places to Work 2006 survey

The Corporate Citizen of the Year Award given by Economic Times.

Flagship brands Goodknight, Cinthol and Ezee selected Superbrands by the


Superbrands Council

Godrej Sara Lee, the JV between the Godrej Group and Sara lee
Corporation, USA is acknowledged the World's largest mat manufacturers and
South Asia's largest manufacturers of Coils.

Godrej Consumer Products Limited, adjudged as a Business Superbrand by


the Super Brands Council.

The Return on Capital Employed and Return on Net Worth ratios of Godrej
Consumer Products - the highest in corporate India.

Godrej Consumer Products was awarded the "Best Managed Workforce"


award given by Hewitt Associates and CNBC TV18.

Godrej Consumer Products features in the Top 25 list of Great Places to Work
(survey conducted by GrowTalent in association with Business World) for four
years in a row.

Lifetime Achievement Award for Godrej Industries from CHEMEXCIL, the


Basic Chemicals Pharmaceuticals and Cosmetics Exports Promotion Council.

The Brand Trust Report published by Trust Research Advisory, a brand


analytics company, ranked Godrej in 16th position in India's Most Trusted
brands.[12]

History:
The Godrej
Group is
an
Indian conglomerate headquartered
in Mumbai,
Maharashtra, India, managed and largely owned by the Godrej family. It was
founded by Ardeshir Godrej and Pirojsha Burjorji Godrej in 1897, and operates in
sectors as diverse as real estate, consumer products, industrial engineering,
appliances, furniture, security and agricultural products. [3] Subsidiaries and affiliated
companies include Godrej Industries and its subsidiaries Godrej Consumer
Products, Godrej Agrovet, and Godrej Properties, as well as the private holding
company Godrej & Boyce.[4]
vision n mission

Vision :
to be the leading company, not just in sales levels, but also in Value
Creation , innovation and in excellence of our processes, through high
standards of quality and social responsibility.
Mission :
to offer Unique Agrovet Products ; developed in a creative and innovative
way, looking for international projection and local consolidation, through the
formal establishment of strategic alliances

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