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Nestlé S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 2014. It ranked No. 64 on the Fortune Global 500 in 2017. In 2023, the company was ranked 50th in the Forbes Global 2000.
Milo is a chocolate-flavoured malted powder product produced by Nestlé, typically mixed with milk, hot water, or both, to produce a beverage. It was originally developed in Australia by Thomas Mayne (1901–1995) in 1934.
Ogun State is a state in southwestern Nigeria. As a Nigerian state, Ogun is the second most industrialised state after Lagos, with a focus on metal processing. It has good road and rail connections to the harbours in Lagos and Lekki. Wole Soyinka, winner of the Nobel Prize for Literature 1986, lives in Ogun.
The United Africa Company of Nigeria is a Nigerian publicly listed company based in Lagos. Its areas of operation include manufacturing, services, logistics and warehousing, agricultural and real estate. UACN's food operations include UAC Franchising, UAC Restaurants and UAC Dairies. It also has equity stake in UACN Property Development Company, a quoted firm, CAP Plc, makers of Dulux paints and Portland Paints, manufacturers of Sandtex paints.
Maggi is an international brand of seasonings, instant soups, and noodles that originated in Switzerland in the late 19th century. The Maggi company was acquired by Nestlé in 1947.
The Ado-Odo/Ota Local Government Area is one of the 20 Local Government Areas of Ogun State, Nigeria. It came into existence on 19 May 1989, following the merging of Ota, part of the defunct Ifo/Ota Local Government with Ado-Odo/Igbesa Areas of the Yewa South Local Government. Ado-Odo/Ota borders on metropolitan Lagos. The Local Government Area is the second largest in Ogun State and it is headquartered at Ota at6°41′00″N3°41′00″E to the north of the Area. Other towns and cities include Araromi-Alade, Ado-Odo, Agbara, Igbesa, Iju-Ota, Itele, Kooko Ebiye Town, Owode, and Sango Ota. official website https://adoodootalg.org.ng/
Julius Berger is a Nigerian construction company, headquartered in Abuja, with additional permanent locations in Lagos and Uyo.
Cerelac is a brand of instant cereal made by Nestlé. The cereal is promoted for infants 6 months and older as a supplement to breast milk when it is no longer the sole item in an infant's diet. Cerelac is not a substitute for breast milk and it is advised to continue breast feeding or infant formula along with Cerelac. Cerelac can help babies develop tastes for other food as they are weaned from breast milk. It also contains vitamins and minerals like iron, along with essential fatty acids. Cerelac products also contain probiotics that are found in the digestive tracts of breastfed babies. The brand was first registered in 1949 and it is currently sold in Kenya, Tanzania, Belgium, Denmark, Germany, Spain, Portugal, South America, Central America, North America, India, the Middle East, Nigeria, North Africa, Malawi, Nepal, Pakistan, Philippines, Ghana, Ivory Coast, South Africa, South East Asia, United Kingdom, Australia, Zambia and Zimbabwe.
The Awori is a subgroup of the Yoruba people speaking a dialect of the Yoruba language.The Awori people are the original inhabitants of Lagos State and some parts of Ogun State, namely Ado-Odo/Ota Local Government Area of Ogun State. The Awori people are landowners, farmers and fishermen.
The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote. It is the largest conglomerate in West Africa and one of the largest on the African continent. The group employs more than 30,000 people, generating revenue in excess of US$4.1 billion in 2017.
Chagoury Group is a Nigerian multinational business conglomerate headquartered in Lagos, Lagos State. Founded in 1971 by Gilbert R. Chagoury and Ronald Chagoury, their businesses include construction and property development, flour mills, water bottling and purification, glass manufacturing, insurance, hotels, furniture manufacturing, telecommunications, transportation, IT, catering and international financing.
Honeywell Group is a conglomerate based in Nigeria. It operates in diversified businesses such as foods and agriculture, telecommunication and infrastructure, real estate and financial services. The company was founded by Dr. Oba Otudeko, who is the group chairman.
Unilever Nigeria Plc is a publicly listed company with trading and manufacturing interest in the consumer goods market. In 2014, it was listed among the top 20 most valuable companies quoted on the Nigerian Stock Exchange. Unilever Nigeria PLC is a subsidiary of Unilever Overseas Holding B.V.
Promasidor Nigeria Limited is a consumer packaged goods company headquartered in Isolo, Lagos. It is a subsidiary of South Africa based Promasidor Holdings. The firm's major brands include Cowbell milk, Loya milk, Sunvita cereal, Onga seasoning and Top Tea beverages. The firm introduced the sale of powdered milk in sachets which was later followed by competitors.
Tolaram Group is a holding company headquartered in Singapore with diversified business interests in consumer goods, fintech, infrastructure and industrials. It has a presence across Asia, Africa, Europe and South America. Tolaram Group successfully creates new product categories independently or in partnership with other multinational companies and quickly becomes the market leader in the emerging markets where it operates.
Nestlé India Limited is the Indian subsidiary of Nestlé which is a Swiss multinational company. The company is headquartered in Gurgaon, Haryana. The company's products include food, beverages, chocolate, and confectioneries.
Nestlé Lanka is a Sri Lanka–based foods company located in Colombo, Sri Lanka. Nestlé Lanka is a subsidiary of Nestlé, a Switzerland based company. Nestlé's products include baby food, medical food, bottled water, breakfast cereals, coffee and tea. The company was founded by the Anglo-Swiss Condensed Milk Company in 1906 and incorporated under Nestlé Ceylon Company. Nestlé Lanka is Sri Lanka's largest food company by revenue, with Rs 36.355 billion in 2019. The whole company is controlled by the Nestlé Switzerland parent company. Nestlé S.A. owns over 90 per cent total shares. Nestlé Lanka PLC became the seventh most valuable brand in Sri Lanka worth approximately Rs 21 billion in 2017.
FoodCo Nigeria is a Nigeria-based retailer. The company owns the largest supermarket chain brand in southwest Nigeria, outside Lagos, with 18 stores spread across the region.
Nestlé have been involved in a significant number of controversies and have been criticised a number of times for its business practices. Nestlé is the largest publicly held food company in the world, owning over 2000 different brands. Since the 1970s, the criticism of Nestlé, increased, with criticism leveled at the company over marketing, slavery, product safety, and more.
References
- 1 2 3 "Annual Report 2017" (PDF). 2018.
- ↑ "Top 250 African Companies 2017: Recovery proves elusive for Africa's major stocks - African Business Magazine". African Business Magazine. 2017-06-19. Archived from the original on 2018-09-21. Retrieved 2018-09-20.
- 1 2 "Nestle Manufacturing Operations in Nigeria" (PDF). 2011.
- ↑ "NIGERIA: Nestle opens factory following CHF87m investment." just-food.com, 4 Feb. 2011.
- 1 2 "Nestle inaugurates Abuja community water facility". Punch Newspapers. 23 December 2016. Retrieved 2021-02-05.
- ↑ "Nestle Nigeria PLC - Stronger Profitability Growth Impeded By Rising Operating Costs." All Africa, 6 July 2014.
- ↑ "Equity research (FSDH)" (PDF). www.fsdhgroup.com. Archived from the original (PDF) on 2018-09-21. Retrieved 2018-09-21.