Top 4 Companies Owned By Nestle
In the early 20th century, the company merged with the Anglo-Swiss Milk Company, making its first entry into the U. S. market.
According to company filings, the prepared dishes and cooking aids division took in revenues
of $13.4 billion in 2014 and reported an operating profit of $1.78 billion.
In 2014, Nestle remained the market share leader in the super premium, frozen snacks
and premium categories despite losing market share in each category since 2011.
The company continues to invest heavily in its ice cream marketing to maintain market share and appeal to changing consumer tastes.
The fit made sense for Nestle, which already has many other brands in the U. S. frozen foods market.
In 2014, Nestle Nutrition took in revenues of $9.5 billion and had operating profits of $1.97 billion.
Nestle merged its U. S. ice cream business with Dreyer’s Grand Ice Cream in 2002.
The company survived World War I, and its coffee was a staple for U. S. servicemen serving in Europe during World War II.