Nestlé S.A. (NSRGY) is the largest food and beverage company in the world, with more than 2,000 brands sold in close to 190 countries. The Swiss multinational began as a producer of infant food in 1867. In 1905, the company merged with the Anglo-Swiss Milk Co. to become Nestlé Group. Nestlé survived World War I, and its products were a staple for U.S. servicemen in Europe during World War II. Since World War II, Nestlé has mounted an aggressive expansion strategy by making a long string of major acquisitions, helping it to expand and strengthen its product portfolio. Nestlé’s total sales in 2020 …
