Editing Nestlé (section)

==History==

===1866–1900: Founding and early years===
[[File:Henry Nestle.jpg|thumb|200px|[[Henri Nestlé]] (1814–1890), a German-born Swiss confectioner, was the founder of Nestlé and one of the main creators of [[condensed milk]].]]
Nestlé's origin dates back to the 1860s when two separate Swiss enterprises were founded that would later form Nestlé. In the following decades, the two competing enterprises expanded their businesses throughout [[Europe]] and the [[United States]].<ref>{{cite web|url=https://theculturetrip.com/europe/switzerland/articles/a-brief-history-of-the-nestle-brand/|title=A Brief History of the Nestlé Brand|last=Mowbray|first=Sean|website=Culture Trip|date=13 May 2017|access-date=16 January 2020|archive-date=4 August 2020|archive-url=https://web.archive.org/web/20200804123428/https://theculturetrip.com/europe/switzerland/articles/a-brief-history-of-the-nestle-brand/|url-status=live}}</ref>

====Timeline====
* 1866: Charles Page ([[Switzerland–United States relations#Diplomatic relations|US consul to Switzerland]]) and George Page, brothers from [[Lee County, Illinois]] established the Anglo-Swiss Condensed Milk Company in [[Cham, Switzerland|Cham]], Switzerland. The company's first British operation was opened at [[Chippenham]], Wiltshire in 1873.<ref>[http://www.british-history.ac.uk/report.aspx?compid=102814 'Other industries', A History of the County of Wiltshire] {{Webarchive|url=https://web.archive.org/web/20111121140334/http://www.british-history.ac.uk/report.aspx?compid=102814 |date=21 November 2011 }}: Volume 4 (1959), pp. 220–253. Retrieved 14 August 2010</ref><ref>{{cite web|url=https://www.britannica.com/topic/Nestle-SA|title=Nestle SA {{!}} History, Headquarters, & Subsidiaries|website=Encyclopedia Britannica|language=en|access-date=16 January 2020|archive-date=4 August 2020|archive-url=https://web.archive.org/web/20200804133805/https://www.britannica.com/topic/Nestle-SA|url-status=live}}</ref>
* 1867: In Vevey, Switzerland, [[Henri Nestlé]] developed milk-based baby food and soon began marketing it. The following year, [[Daniel Peter]] began seven years of work perfecting the [[Types of chocolate|milk chocolate]] manufacturing process. Nestlé had the solution Peter needed to fix his problem of removing all the water from the milk added to his chocolate, thus preventing the product from developing mildew. 
* 1875: Henri Nestlé retired; the company, under new ownership, retained his name as ''Société Farine Lactée Henri Nestlé''.{{Citation needed|date=January 2020}}<ref>{{Cite web|url=http://houseofswitzerland.org/swissstories/history/henri-nestle-man-behind-global-enterprise|title=Henri Nestlé: the man behind the global enterprise &#124; House of Switzerland|date=17 September 2018|website=houseofswitzerland.org}}</ref>
* 1877: Anglo-Swiss added milk-based baby foods to its products; in the following year, the Nestlé Company added [[condensed milk]] to its portfolio, which made the firms direct rivals.
* 1879: Nestlé merged with milk chocolate inventor Daniel Peter.<ref>{{cite web|url=https://whatscookingamerica.net/History/MilkChocolate.htm|title=Milk Chocolate History|last=Stradley|first=Linda|date=3 November 2015|website=What's Cooking America|language=en-US|access-date=16 January 2020|archive-date=12 December 2019|archive-url=https://web.archive.org/web/20191212054953/https://whatscookingamerica.net/History/MilkChocolate.htm|url-status=live}}</ref>
* 1890: Henri Nestlé died.

===1901–1989: Mergers===
In the late 19th and early 20th century, Henri Nestlé and his successors participated in the development of the [[Swiss chocolate|chocolate industry in Switzerland]], together with the [[Peter's Chocolate|Peter]], [[Chocolat Kohler|Kohler]], and [[Cailler]] families.<ref>{{cite web|url=http://www.the-soft-drinks.com/chocolate-switzerland.html|title=Swiss Chocolate Brands|author=HPatrick|date=3 January 2016|access-date=5 August 2015|archive-url=https://web.archive.org/web/20151016215428/http://www.the-soft-drinks.com/chocolate-switzerland.html|archive-date=16 October 2015|url-status=live}}</ref> In 1904, Daniel Peter and Charles-Amédée Kohler (son of [[Charles-Amédée Kohler]] who founded a chocolate factory in 1830) became partners and founded the ''Société générale suisse des chocolats Peter et Kohler réunis''. In 1911, the company created by Peter and Kohler merged with Cailler.<ref>{{cite web|website=Cailler|url=https://cailler.ch/en/about|title=About Cailler|accessdate=10 May 2022|quote=1911: As the chocolate industry booms, the companies Peter (managed by Daniel Peter) and Kohler, which were already partners, merge with Cailler.|archive-date=24 May 2022|archive-url=https://web.archive.org/web/20220524210327/https://cailler.ch/en/about|url-status=live}}</ref> Alexandre Cailler (grandson of [[François-Louis Cailler]]) had founded a chocolate factory in [[Broc]] in 1898, still used by Nestlé today; which enabled the production of milk chocolate on a large scale. In 1929, Peter, Cailler, Kohler, Chocolats Suisses finally merged with the Nestlé group.<ref name="Chrystal">{{cite book | url=https://books.google.com/books?id=qjgxEAAAQBAJ | title=Rowntree's – The Early History | publisher=[[Pen and Sword Books]] | author=Chrystal, Paul | year=2021 | chapter=The Cocoa and Chocolate Competition at the Start of the Twentieth Century | isbn=9781526778901 | quote=In 1904, Daniel Peter and Charles-Amédée Kohler became partners and founded the company Société Générale Suisse de Chocolats Peter et Kohler Réunis. [...] In 1929, Peter, Cailler, Kohler and Chocolats Suisses S. A. all merged with the Nestlé group. | access-date=18 May 2022 | archive-date=28 August 2023 | archive-url=https://web.archive.org/web/20230828084812/https://books.google.com/books?id=qjgxEAAAQBAJ | url-status=live }}</ref><ref name=Industry>{{cite book | url=https://books.google.com/books?id=18NaAAAAYAAJ | title=Candy and Snack Industry: Volume 145, Issues 1-6 | publisher=Magazines for Industry, Incorporated | year=1980 | pages=28–29 | quote=The Nestlé S.A. facility in Broc, Switzerland, is steeped in the tradition of fine chocolate manufacturing as a company that has played an important part in industry history. [...] Cailler brand and his signature is still embossed on chocolate. In Switzerland, Cailler is the leading chocolate brand. Charles-Amedee Kohler (1790-1874) began producing chocolate in 1830. The Kohler firm later merged with that of Daniel Peter. Daniel Peter (1836-1919), who became the son-in-law of Francois Louis Cailler, assured his place in chocolate industry history with his invention in 1875 of milk chocolate. Henri Nestlé had first become an important manufacturer of milk products. Among his accomplishments was the development of a process to produce condensed milk which would be used in the making of milk chocolate. It wasn't until 1929 that these pioneering companies agreed to merge, but the plant at Broc had been built by the Cailler family in 1898. The selection of a site in Broc was made deliberately to locate it in Switzerland's picturesque Gruyere region, renowned for its fine milk production. | access-date=18 May 2022 | archive-date=28 August 2023 | archive-url=https://web.archive.org/web/20230828084812/https://books.google.com/books?id=18NaAAAAYAAJ | url-status=live }}</ref> An earlier alliance in 1904 between Peter and Nestlé also allowed the production of milk chocolate in the United States, at the [[Fulton, Oswego County, New York|Fulton]] plant.<ref>{{cite book | url=https://books.google.com/books?id=_Q_DCwAAQBAJ | title=Classic Candy: America's Favorite Sweets, 1950–80 | publisher=Bloomsbury Publishing | author=Lacey, Darlene | year=2013 | pages=16 | isbn=9780747813651 | quote=In 1899, the people of Fulton, New York, saw the potential of this [milk chocolate] industry and raised money to purchase land for a Peter's Chocolate manufacturing plant. In 1904, Peter's Chocolate and Nestle formed an alliance, and Nestle's domestic production began. | access-date=18 May 2022 | archive-date=28 August 2023 | archive-url=https://web.archive.org/web/20230828084812/https://books.google.com/books?id=_Q_DCwAAQBAJ | url-status=live }}</ref>

In 1905, Nestlé and Anglo-Swiss merged to become the Nestlé and Anglo-Swiss Condensed Milk Company, retaining that name until 1947 when the name 'Nestlé 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. The company's 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.<ref>{{cite web|url=https://www.englishteastore.com/nestle-history.html|title=History of Nestlé|website=www.englishteastore.com|access-date=16 January 2020|archive-date=4 August 2020|archive-url=https://web.archive.org/web/20200804124845/https://www.englishteastore.com/nestle-history.html|url-status=live}}</ref> The [[First World War]] created a demand for dairy products in the form of government contracts, and by the end of the war, Nestlé's production had more than doubled.{{citation needed|date=February 2024}}

{{multiple image
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|image1 = Nestlé Food advertisement, 1915.jpg
|caption1 = A 1915 advertisement for "Nestlés Food", an early [[infant formula]]
|image2 =Nestle and Anglo-Swiss Condensed Milk 1918.jpg
|caption2 = Certificate for 100 shares of the Nestlé and Anglo-Swiss Condensed Milk Co., issued 1. November 1918
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In January 1919, Nestlé bought two condensed milk plants in [[Oregon]] from the company [[Geibisch and Joplin]] for $250,000. One was in [[Bandon, Oregon|Bandon]], while the other was in [[Milwaukie, Oregon|Milwaukie]]. They expanded them considerably, processing 250,000 pounds of condensed milk daily in the Bandon plant.<ref>{{Cite journal|last=Blakely|first=Joe|date=2003|title=Oregon Places: The Nestlé Condensary in Bandon|jstor=20615370|journal=Oregon Historical Quarterly|publisher=Oregon Historical Society|volume=104|issue=4|pages=566–577|doi=10.1353/ohq.2003.0004|s2cid=245852881}}</ref>

[[File:Aleppo Nestle building Tilal street 1920s, postcard by Wattar brothers.jpg|thumb|Aleppo Nestlé building Tilal street 1920s]]
After the [[World War I]], government contracts dried up, and consumers switched back to fresh milk. However, Nestlé's management responded quickly, streamlining operations and reducing debt. The 1920s saw Nestlé's first expansion into new products, with chocolate-manufacture becoming the company's second most important activity; [[Milkybar|white chocolate]] was created in the following decade. Louis Dapples was CEO till 1937 when succeeded by [[Édouard Muller (Nestlé)|Édouard Muller]] till his death in 1948.

Nestlé felt the effects of the [[World War II|Second World War]] immediately. Profits dropped from US$20 million in 1938 to US$6 million in 1939.<ref>{{Cite web |title=1938 - 1944 |url=https://www.nestle-cwa.com/en/aboutus/history/history4#:~:text=The%20effects%20of%20the%20onset,to%20offices%20in%20Stamford%2C%20Connecticut. |access-date=9 May 2023 |website=nestle-cwa.com |archive-date=9 May 2023 |archive-url=https://web.archive.org/web/20230509191143/https://www.nestle-cwa.com/en/aboutus/history/history4#:~:text=The%20effects%20of%20the%20onset,to%20offices%20in%20Stamford%2C%20Connecticut. |url-status=live }}</ref> Factories were established in developing countries, particularly in South America.<ref name=":4">{{Cite news|url=https://www.nytimes.com/2017/06/27/business/dealbook/nestle-chocolate-milk-coffee-history.html|title=How Nestlé Expanded Beyond the Kitchen|last=Owles|first=Eric|date=27 June 2017|work=The New York Times|access-date=16 January 2020|language=en-US|issn=0362-4331|archive-date=26 September 2020|archive-url=https://web.archive.org/web/20200926163812/https://www.nytimes.com/2017/06/27/business/dealbook/nestle-chocolate-milk-coffee-history.html|url-status=live}}</ref> Ironically, the war helped with the introduction of the company's newest product, [[Nescafé]] ("Nestlé's Coffee"), which became a staple drink of the US military. Despite that, Nestlé actually supplied both sides in the war: the company had a contract to feed the German army. Nestlé's production and sales rose in the wartime economy.<ref name=":4" />

[[File:Nestle logo 1938.png|thumb|The logo that Nestlé used from 1938 to 1966<ref>{{cite web|url=https://www.nestle.com/aboutus/history/logo-evolution|title=The Nestlé logo evolution|website=Nestle.com|access-date=25 February 2019|archive-url=https://web.archive.org/web/20190225103102/https://www.nestle.com/aboutus/history/logo-evolution|archive-date=25 February 2019|url-status=live}}</ref>]]
The end of World War II was the beginning of a dynamic phase for Nestlé. Growth accelerated and numerous companies were acquired. In 1947 Nestlé merged with [[Maggi]], a manufacturer of seasonings and soups. [[Crosse & Blackwell]] followed in 1950, as did [[Findus]] (1963), [[Libby's]] (1971), and [[Stouffer's]] (1973).<ref name="ukessays.com">{{cite web|url=https://www.ukessays.com/essays/management/nestle-international-mergers-and-acquisitions-management-essay.php|title=Nestle International Mergers And Acquisitions Management Essay|website=UKEssays.com|language=en|access-date=16 January 2020|archive-date=4 August 2020|archive-url=https://web.archive.org/web/20200804170217/https://www.ukessays.com/essays/management/nestle-international-mergers-and-acquisitions-management-essay.php|url-status=live}}</ref> Diversification came under chairman & CEO [[Pierre Liotard-Vogt]] with a shareholding in [[L'Oréal|L'Oreal]] in 1974 and the acquisition of [[Alcon|Alcon Laboratories Inc.]] in 1977 for $280 million.<ref name="ukessays.com"/>

In the 1980s, Nestlé's improved bottom line allowed the company to launch further acquisitions. [[Carnation (trademark)|Carnation]] was acquired for US$3&nbsp;billion in 1984 and brought the [[evaporated milk]] brand, as well as [[Coffee-Mate]] and [[Friskies]], to Nestlé. In 1986, the company founded [[Nespresso|Nestlé Nespresso S.A.]] The British confectionery company [[Rowntree's|Rowntree Mackintosh]] was acquired in 1988 for $4.5&nbsp;billion, which brought brands such as [[Kit Kat]], [[Rolo]], [[Smarties]], and [[Aero (chocolate)|Aero]].<ref>{{Cite news|url=https://www.nytimes.com/1988/06/24/business/rowntree-accepts-bid-by-nestle.html|title=Rowntree Accepts Bid By Nestle|last=Ap|date=24 June 1988|work=The New York Times|access-date=16 January 2020|language=en-US|issn=0362-4331|archive-date=3 March 2020|archive-url=https://web.archive.org/web/20200303230109/https://www.nytimes.com/1988/06/24/business/rowntree-accepts-bid-by-nestle.html|url-status=live}}</ref>

===1990–2011: International growth===
The first half of the 1990s proved to be favourable for Nestlé. Trade barriers crumbled, and world markets developed into more or less integrated trading areas. Since 1996, there have been various acquisitions, including [[S.Pellegrino|San Pellegrino]] (1997), [[D'Onofrio (brand)|D'Onofrio]] (1997), [[Spillers|Spillers Petfoods]] (1998), and [[Ralston Purina]] (2002). There were two major acquistions in North America, both in 2002&nbsp;– in June, Nestlé merged its US ice cream business into [[Dreyer's]], and in August, a {{US$|2.6{{nbsp}}billion|link=yes}} acquisition was announced of [[Chef America]], the creator of [[Hot Pockets]]. In the same time-frame, Nestlé entered in a joint bid with Cadbury and came close to purchasing the American company [[The Hershey Company|Hershey's]], one of its fiercest confectionery competitors, but the deal eventually fell through.<ref>{{cite news |url=http://www.ft.com/intl/cms/s/2/1e5450d2-2be5-11df-8033-00144feabdc0.html#axzz3PhCW9iAy |archive-url=https://ghostarchive.org/archive/20221210221231/https://www.ft.com/content/1e5450d2-2be5-11df-8033-00144feabdc0#axzz3PhCW9iAy |archive-date=10 December 2022 |url-access=subscription |title=The inside story of the Cadbury takeover |newspaper=Financial Times |access-date=5 August 2015 |url-status=live }}</ref>

In 1999, Nestlé sold the Findus brand to the Swedish firm [[EQT AB]].<ref>{{cite news |date=17 April 1999 |title=Swedish keen to fish Findus from plughole |url=http://findarticles.com/p/articles/mi_hb5245/is_7401_222/ai_n28750359/ |access-date=13 January 2011 |publisher=BNET}}</ref><ref>{{cite news |date=25 October 1999 |title=A&O and CC advise on Nestle Findus sell-off |url=http://www.thelawyer.com/ao-and-cc-advise-on-nestle-findus-sell-off/87641.article |access-date=9 February 2013 |publisher=The Lawyer}}</ref>

In December 2005, Nestlé bought the Greek company Delta Ice Cream for €240 million.<ref>{{cite web|url=https://www.nestle.com/media/pressreleases/allpressreleases/greeceacquisitiondeltaicecream-19dec05|title=Nestlé To Acquire Greek-Based Delta Ice Cream|website=Nestlé Global|date=19 December 2005|access-date=10 August 2021|archive-date=10 August 2021|archive-url=https://web.archive.org/web/20210810200254/https://www.nestle.com/media/pressreleases/allpressreleases/greeceacquisitiondeltaicecream-19dec05|url-status=live}}</ref> In January 2006, it took full ownership of Dreyer's, thus becoming the world's largest ice cream maker, with a 17.5% market share.<ref>{{cite news |url=http://news.bbc.co.uk/2/hi/business/4627810.stm |title=Nestlé takes world ice cream lead |work=BBC News |date=19 January 2006 |access-date=22 February 2007 |archive-url=https://web.archive.org/web/20120203091304/http://news.bbc.co.uk/2/hi/business/4627810.stm |archive-date=3 February 2012 |url-status=live }}</ref> In June 2006, Nestlé purchased weight-loss company [[Jenny Craig, Inc.|Jenny Craig]] for {{US$|600{{nbsp}}million}}.<ref>{{Cite news |date=20 June 2006 |title=Jenny Craig Brings 5 Times Its Price in '02 |language=en-US |work=The New York Times |url=https://www.nytimes.com/2006/06/20/business/20diet.html |access-date=12 March 2023 |issn=0362-4331 |archive-date=12 March 2023 |archive-url=https://web.archive.org/web/20230312013456/https://www.nytimes.com/2006/06/20/business/20diet.html |url-status=live }}</ref> In July 2007, completing a deal announced the year before, Nestlé acquired the Medical Nutrition division of Novartis Pharmaceutical for {{US$|2.5{{nbsp}}billion}} and also acquiring the milk-flavoring product known as [[Ovaltine]], the "Boost" and "Resource" lines of nutritional supplements, and Optifast dieting products.<ref>{{cite news|title=Nestlé completes takeover of Novartis food unit – SWI swissinfo.ch|url=http://www.swissinfo.ch/eng/nestl%C3%A9-completes-takeover-of-novartis-food-unit/5980750|work=SWI – the international service of the Swiss Broadcasting Corporation|date=2 July 2007|access-date=25 October 2016|archive-url=https://web.archive.org/web/20161026081047/http://www.swissinfo.ch/eng/nestl%C3%A9-completes-takeover-of-novartis-food-unit/5980750|archive-date=26 October 2016|url-status=live}}</ref>

[[File:Nestlé1.jpg|thumb|The Brazilian president, [[Lula da Silva]], inaugurates a factory in [[Feira de Santana]] ([[Bahia]]), in February 2007.]]
In April 2007, returning to its roots, Nestlé bought US baby-food manufacturer [[Gerber Products Company|Gerber]] for {{US$|5.5{{nbsp}}billion}}.<ref>{{cite news|url=https://money.cnn.com/2007/04/12/news/international/bc.gerber.nestle.reut/index.htm|archive-url=https://web.archive.org/web/20070417052255/https://money.cnn.com/2007/04/12/news/international/bc.gerber.nestle.reut/index.htm|archive-date=17 April 2007|title=Nestlé to buy Gerber for $5.5B |publisher=CNN |date=12 April 2007 |access-date=12 April 2007 }}</ref><ref>{{cite news|url=http://www.novartis.com/newsroom/media-releases/en/2007/1118074.shtml|title=Novartis completes its business portfolio restructuring, divesting Gerber for USD 5.5&nbsp;billion to Nestlé|date=12 April 2007|publisher=Novartis|url-status=dead|archive-url= https://web.archive.org/web/20081224075835/http://www.novartis.com/newsroom/media-releases/en/2007/1118074.shtml|archive-date=24 December 2008|access-date=2 September 2016}}</ref><ref>{{cite web|url=http://www.novartis.com/newsroom/media-releases/en/2007/1150584.shtml |title=Media releases |publisher=Novartis.com |date=3 September 2007 |access-date=8 January 2010 |url-status=dead |archive-url=https://web.archive.org/web/20090109200417/http://www.novartis.com/newsroom/media-releases/en/2007/1150584.shtml |archive-date=9 January 2009 }}</ref> In December 2007, Nestlé entered into a strategic partnership with a Belgian chocolate maker, [[Pierre Marcolini]].<ref>(Press release) [http://www.nestle.com/Media/PressReleases/Pages/AllPressRelease.aspx?Name=PMarcolini13Dec07News&PressReleaseYear=2007&Title=Nestl%C3%A9%20enters%20into%20strategic%20partnership%20with%20Belgian%20luxury%20chocolate%20maker%20Pierre%20Marcolini&PageName=2007.aspx Nestlé enters into strategic partnership with Belgian luxury chocolate maker Pierre Marcolini] {{Webarchive|url=https://web.archive.org/web/20120320072902/http://www.nestle.com/Media/PressReleases/Pages/AllPressRelease.aspx?Name=PMarcolini13Dec07News&PressReleaseYear=2007&Title=Nestl%C3%A9%20enters%20into%20strategic%20partnership%20with%20Belgian%20luxury%20chocolate%20maker%20Pierre%20Marcolini&PageName=2007.aspx |date=20 March 2012 }}. Nestlé retrieved from it 23 March 2011.</ref>

In late September 2008, the Hong Kong government found [[melamine]] in a Chinese-made Nestlé milk product. Six infants died from kidney damage, and a further 860 babies were hospitalised.<ref name="sick">{{cite news |last=McDonald |first=Scott |date=22 September 2008 |title=Nearly 53,000 Chinese children sick from milk |url=http://ap.google.com/article/ALeqM5iCL58EMBN1tqq6xujZlsaITAFpCQD93BHE880 |agency=Associated Press}}{{dead link|date=June 2016|bot=medic}}{{cbignore|bot=medic}}</ref><ref name="sick2">{{cite news |last=Macartney |first=Jane |date=22 September 2008 |title=China baby milk scandal spreads as sick toll rises to 13,000 |url=https://www.thetimes.com/article/china-baby-milk-scandal-spreads-as-sick-toll-rises-to-13000-jlxdmrsk9qd |access-date=2 April 2010 |work=The Times |location=London}}</ref> The following June, an [[outbreak]] of [[Escherichia coli O157:H7|''E. coli'' O157:H7]] was linked to Nestlé's refrigerated [[cookie dough]] originating in a plant in [[Danville, Virginia|Danville]], Virginia.<ref>{{cite news |title=FDA confirms E. coli found in Nestle cookie dough |url=https://www.reuters.com/article/idUSTRE55T0TY/ |work=[[Reuters]]}}</ref>

Nestlé agreed to sell its controlling stake in [[Alcon]] to [[Novartis]] on 4 January 2010. The sale was to form part of a broader {{US$|39.3{{nbsp}}billion}} offer by Novartis for full acquisition of the world's largest eye-care company.<ref>{{cite news|url=https://www.reuters.com/article/idUSTRE6030RK20100104|title=Novartis seeks to buy rest of Alcon for $39&nbsp;billion|last=Thomasson|first=Emma|date=4 January 2010|work=Reuters|access-date=4 January 2010|archive-url=https://web.archive.org/web/20100122084106/http://www.reuters.com/article/idUSTRE6030RK20100104|archive-date=22 January 2010|url-status=live}}</ref> On March 2, 2010, Nestlé completed the purchase of [[Kraft Foods]]'s North American frozen pizza business for {{US$|3.7{{nbsp}}billion}}, which included brands such as [[DiGiorno]], [[Tombstone (pizza)|Tombstone]], and [[California Pizza Kitchen]].<ref>{{cite news | last=Cage | first=Sam | title=Nestle buys Kraft pizza business for $3.7 billion | date=January 4, 2010 | url=https://www.reuters.com/article/business/nestle-buys-kraft-pizza-business-for-37-billion-idUSTRE6040X1/ | work=reuters.com }}</ref><ref>{{cite web | title=Nestlé completes acquisition of Kraft Foods' frozen pizza business | date=March 2, 2010 | url=https://www.nestle.com/media/pressreleases/allpressreleases/frozenpizzabusiness | work=nestle.com }}</ref>

Since 2010, Nestlé has been working to transform itself into a [[nutrition]], health and wellness company in an effort to combat declining confectionery sales and the threat of expanding government regulation of such foods. This effort is being led through the Nestlé Institute of Health Sciences under the direction of Ed Baetge. The institute aims to develop "a new industry between food and pharmaceuticals" by creating foodstuffs with preventive and corrective health properties that would replace [[pharmaceutical drug]]s from pill bottles. The Health Science branch has already produced several products, such as drinks and protein shakes meant to combat malnutrition, diabetes, digestive health, obesity, and other diseases.<ref>{{cite news|url=https://www.bloomberg.com/news/features/2016-05-05/nestl-s-sugar-empire-is-on-a-health-kick|title=Nestlé Wants to Sell You Both Sugary Snacks and Diabetes Pills|last1=Campbell|first1=Matthew|last2=Gretler|first2=Corinne|website=Bloomberg.com|date=5 May 2016|access-date=22 July 2016|archive-url=https://web.archive.org/web/20160723000151/http://www.bloomberg.com/news/features/2016-05-05/nestl-s-sugar-empire-is-on-a-health-kick|archive-date=23 July 2016|url-status=live}}</ref>

It acquired British pharmaceutical company [[Vitaflo]], which makes clinical nutritional products for people with [[genetic disorder]]s, in August 2010.<ref>{{Cite web |date=2010-08-02 |title=Nestlé to enter global market for clinical nutrition products |url=https://www.nestle.com/media/pressreleases/allpressreleases/nestl%C3%A9-enter-fast-growing-global-market-clinical-nutrition-products-inherited-metabolic-disorders |access-date=2024-04-08 |website=www.nestle.com |language=en}}</ref> In July 2011, Nestlé SA agreed to buy 60 percent of Hsu Fu Chi International Ltd. for about {{US$|1.7{{nbsp}}billion}}.<ref>{{cite news | url=https://www.bloomberg.com/news/2011-07-11/nestle-to-buy-60-stake-in-chinese-snack-maker-hsu-fu-chi-for-1-7-billion.html | work=Bloomberg | title=Nestlé to Buy 60% Stake in Hsu Fu Chi for .7 Billion | date=11 July 2011 | access-date=10 March 2017 | archive-url=https://web.archive.org/web/20141230170925/http://www.bloomberg.com/news/2011-07-11/nestle-to-buy-60-stake-in-chinese-snack-maker-hsu-fu-chi-for-1-7-billion.html | archive-date=30 December 2014 | url-status=live }}</ref> On 23 April 2012, Nestlé agreed to acquire [[Pfizer Inc.]]'s [[Baby food|infant-nutrition]], formerly Wyeth Nutrition, unit for {{US$|11.9{{nbsp}}billion}}, topping a joint bid from [[Danone]] and Mead Johnson.<ref>[https://www.bloomberg.com/news/2012-04-23/nestle-agrees-to-buy-pfizer-baby-food-unit-for-11-9-billion-1-.html "Nestlé to Acquire Pfizer Baby Food Unit for $11.9 Billion"] {{Webarchive|url=https://web.archive.org/web/20141230170656/http://www.bloomberg.com/news/2012-04-23/nestle-agrees-to-buy-pfizer-baby-food-unit-for-11-9-billion-1-.html |date=30 December 2014 }}. Bloomberg, 23 April 2012</ref><ref>{{cite web|url=https://www.chicagobusiness.com/article/20140314/BLOGS10/140319820/mead-johnson-nutrition-co-is-a-prize-catch-in-the-baby-formula-business|title=Mead Johnson looks tasty, but Abbott may have to pass|date=13 March 2014|website=Crain's Chicago Business|access-date=26 March 2022|archive-date=23 April 2022|archive-url=https://web.archive.org/web/20220423091334/https://www.chicagobusiness.com/article/20140314/BLOGS10/140319820/mead-johnson-nutrition-co-is-a-prize-catch-in-the-baby-formula-business|url-status=live}}</ref><ref>{{cite news|url=http://www.newstatesman.com/consumer/2012/04/nestl%C3%A9-buy-pfizer-nutrition-1185bn|title=Nestlé to buy Pfizer Nutrition for $11.85bn|publisher=NewStatesman|access-date=5 January 2016|archive-url=https://web.archive.org/web/20160103032603/http://www.newstatesman.com/consumer/2012/04/nestl%C3%A9-buy-pfizer-nutrition-1185bn|archive-date=3 January 2016|url-status=live}}</ref>

===2012–present===
In recent years, Nestlé Health Science has made several acquisitions: 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 food products as of 2012.<ref>{{cite news|url=http://www.laweekly.com/restaurants/nestle-acquires-stake-in-brain-food-company-2379749|title=Nestle Acquires Stake in "Brain Food" Company|newspaper=LA Weekly|access-date=5 January 2016|archive-url=https://web.archive.org/web/20160103032603/http://www.laweekly.com/restaurants/nestle-acquires-stake-in-brain-food-company-2379749|archive-date=3 January 2016|url-status=live}}</ref>

Nestlé sold its [[Jenny Craig, Inc.|Jenny Craig]] business unit to North Castle Partners in 2013.<ref>{{cite news |last=Rizzo |first=Lillian |date=16 July 2014 |title=PE Deals for Weight Loss Brands Face Shifting Diet Demographics |newspaper=Wall Street Journal |url=https://blogs.wsj.com/privateequity/2014/07/16/pe-deals-for-weight-loss-brands-face-shifting-diet-demographics/ |url-status=dead |access-date=5 January 2016 |archive-url=https://web.archive.org/web/20160103032603/http://blogs.wsj.com/privateequity/2014/07/16/pe-deals-for-weight-loss-brands-face-shifting-diet-demographics/ |archive-date=3 January 2016}}</ref> In February 2013, Nestlé Health Science bought Pamlab, which makes medical foods based on L-methylfolate targeting depression, diabetes, and memory loss.<ref>{{cite web|url=http://www.nutraingredients.com/Suppliers2/Nestle-buys-Louisiana-depression-food-firm|title=Nestlé buys Louisiana depression food firm|date=27 February 2013 |publisher=Nutra|access-date=5 August 2015|archive-url=https://web.archive.org/web/20151016215428/http://www.nutraingredients.com/Suppliers2/Nestle-buys-Louisiana-depression-food-firm|archive-date=16 October 2015|url-status=live}}</ref> In February 2014, Nestlé sold its PowerBar sports nutrition business to Post Holdings, Inc.<ref>{{cite news|url=https://www.wsj.com/articles/SB10001424052702303942404579360552164811352?autologin=y|title=Nestlé Sells PowerBar Brand|newspaper=Wall Street Journal|access-date=5 January 2016|archive-url=https://web.archive.org/web/20160103032603/http://www.wsj.com/articles/SB10001424052702303942404579360552164811352?autologin=y|archive-date=3 January 2016|url-status=live}}</ref> Later, in November 2014, Nestlé announced that it was exploring strategic options for its frozen food subsidiary, Davigel.<ref>{{cite news|url=https://www.wsj.com/articles/nestle-explores-sale-of-frozen-food-unit-davigel-1415964399|title=Nestlé Explores Sale of Frozen Food Unit Davigel|newspaper=Wall Street Journal|access-date=5 January 2016|archive-url=https://web.archive.org/web/20160103032603/http://www.wsj.com/articles/nestle-explores-sale-of-frozen-food-unit-davigel-1415964399|archive-date=3 January 2016|url-status=live}}</ref>

In December 2014, Nestlé announced that it was opening 10 skin care research centres worldwide, deepening its investment in a faster-growing market for healthcare products. That year, Nestlé spent about $350&nbsp;million on dermatology research and development. The first of the research hubs, Nestlé Skin Health Investigation, Education and Longevity Development (SHIELD) centres, will open mid 2015 in New York, followed by Hong Kong and São 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]].<ref>{{cite news|url=https://www.reuters.com/article/us-nestle-skincare-idUSKBN0JP06F20141211|title=Nestle invests more in skin care strategy with 10 research centers|work=Reuters|access-date=1 July 2017|archive-url=https://web.archive.org/web/20151016215428/http://www.reuters.com/article/2014/12/11/us-nestle-skincare-idUSKBN0JP06F20141211|archive-date=16 October 2015|url-status=live}}</ref>

In May 2015, food safety regulators from the state of [[Uttar Pradesh]], India, found that samples of [[Nestlé India]]'s [[Maggi]] noodles had up to 17 times more than the permissible safe amount of lead, in addition to [[monosodium glutamate]].<ref>{{cite news |date=18 May 2015 |title=Beware! Eating 2 -Minute Maggi Noodles can ruin your Nervous System |url=http://news.biharprabha.com/2015/05/beware-eating-2-minute-maggi-noodles-can-ruin-your-nervous-system/ |url-status=live |archive-url=https://web.archive.org/web/20150521005237/http://news.biharprabha.com/2015/05/beware-eating-2-minute-maggi-noodles-can-ruin-your-nervous-system/ |archive-date=21 May 2015 |access-date=18 May 2015 |publisher=news.biharprabha.com}}</ref><ref name="NDTV">{{cite news |date=20 May 2015 |title=Maggi Noodles Packets Recalled Across Uttar Pradesh, Say Food Inspectors: Report |url=http://m.ndtv.com/india-news/maggi-noodles-packets-recalled-across-uttar-pradesh-say-food-inspectors-764729 |url-status=live |archive-url=https://web.archive.org/web/20150525204803/http://m.ndtv.com/india-news/maggi-noodles-packets-recalled-across-uttar-pradesh-say-food-inspectors-764729 |archive-date=25 May 2015 |access-date=20 May 2015 |work=[[NDTV]] |location=New Delhi, India}}</ref><ref name="Sushmi Dey">{{cite news |last=Sushmi Dey |date=16 May 2015 |title='Maggi' under regulatory scanner for lead, MSG beyond permissible limit |url=https://timesofindia.indiatimes.com/india/Maggi-under-regulatory-scanner-for-lead-MSG-beyond-permissible-limit/articleshow/47304615.cms |url-status=live |archive-url=https://web.archive.org/web/20150526230502/http://timesofindia.indiatimes.com/india/Maggi-under-regulatory-scanner-for-lead-MSG-beyond-permissible-limit/articleshow/47304615.cms |archive-date=26 May 2015 |access-date=20 May 2015 |work=[[The Times of India]] |location=New Delhi, India}}</ref>

In January 2017, Nestlé announced that it was relocating its US headquarters from [[Glendale, California]], to [[Rosslyn, Virginia]], outside of [[Washington, DC]].<ref>{{cite news|url=https://www.arlnow.com/2017/02/01/nestle-to-move-u-s-headquarters-to-rosslyn/|title=Nestle Nestlé to Move U.S. Headquarters to Rosslyn|publisher=ArlNow|access-date=1 February 2017|archive-url=https://web.archive.org/web/20170201200533/https://www.arlnow.com/2017/02/01/nestle-to-move-u-s-headquarters-to-rosslyn/|archive-date=1 February 2017|url-status=live}}</ref>

In March 2017, Nestlé announced that they will lower the sugar content in [[Kit Kat]], [[Yorkie (chocolate bar)|Yorkie]] and [[Aero (chocolate)|Aero]] chocolate bars by 10% by 2018.<ref>{{cite news|url=https://www.bbc.co.uk/news/uk-39201985|title=Kit Kat sugar content to be cut by 10%, says Nestle|work=BBC News|date=8 March 2017|access-date=21 June 2018|archive-url=https://web.archive.org/web/20180528012510/http://www.bbc.co.uk/news/uk-39201985|archive-date=28 May 2018|url-status=live}}</ref> In July, a similar announcement followed concerning the reduction of sugar content in its breakfast cereals in the UK.<ref>{{Cite news|url=https://www.independent.co.uk/news/business/news/nestle-cheerios-shreddies-cut-sugar-breakfast-cereals-pledge-health-lifestyle-a7823111.html|title=Shreddies are about to get a lot healthier|date=4 July 2017|work=The Independent|access-date=24 July 2017|archive-url=https://web.archive.org/web/20170724025253/http://www.independent.co.uk/news/business/news/nestle-cheerios-shreddies-cut-sugar-breakfast-cereals-pledge-health-lifestyle-a7823111.html|archive-date=24 July 2017|url-status=live}}</ref>

The company announced a $20.8 billion share buyback in June 2017, following the publication of a letter written by [[Third Point Management]] founder [[Daniel S. Loeb]], Nestlé's fourth-largest stakeholder with a $3.5 billion stake,<ref>{{Cite news|url=https://www.reuters.com/article/us-nestle-thirdpoint-idUSKBN19I2AC|title=Nestle plans $20.8 billion share buyback amid Third Point pressure|date=27 June 2017|work=Reuters|access-date=24 July 2017|archive-url=https://web.archive.org/web/20170718193930/http://www.reuters.com/article/us-nestle-thirdpoint-idUSKBN19I2AC|archive-date=18 July 2017|url-status=live}}</ref> explaining how the firm should change its business structure.<ref name=":1">{{Cite news|url=https://www.wsj.com/articles/nestle-plans-20-8-billion-share-buyback-over-the-next-3-years-1498581756|title=Nestlé Plans Share Buyback After Pressure From Third Point|last1=Chaudhuri|first1=Saabira|date=27 June 2017|work=[[The Wall Street Journal]]|access-date=24 July 2017|last2=Blackstone|first2=Brian|issn=0099-9660|archive-url=https://web.archive.org/web/20170724001902/https://www.wsj.com/articles/nestle-plans-20-8-billion-share-buyback-over-the-next-3-years-1498581756|archive-date=24 July 2017|url-status=live}}</ref> Consequently, the firm will reportedly focus investment on sectors such as coffee and pet care and will seek acquisitions in the consumer health-care industry.<ref name=":1" />

In 2016, Nestlé and [[PAI Partners]] establish a joint venture, [[Froneri]], to combine the two companies' ice cream activities throughout Europe and other international countries.<ref>{{Cite web|url=https://www.nestle.com/media/pressreleases/allpressreleases/nestle-rr-joint-venture-froneri|title=Nestlé and R&R to create Froneri, an ice cream and frozen food joint venture|website=Nestlé Global|date=27 April 2016|language=en|access-date=12 January 2020|archive-date=12 January 2020|archive-url=https://web.archive.org/web/20200112064953/https://www.nestle.com/media/pressreleases/allpressreleases/nestle-rr-joint-venture-froneri|url-status=live}}</ref>

In March 2017, Nestlé and Coca-Cola agreed to dissolve the [[Beverage Partners Worldwide]] venture effective on January 1, 2018, in part because Nestlé wanted to expand [[Nestea]] on its own.<ref name="ift">{{cite web |date=2017-03-07 |title=Nestlé, Coca-Cola end the Beverage Partners Worldwide joint venture |url=https://www.ift.org/news-and-publications/news/2017/march/07/nestle-coca-cola-end-the-beverage-partners-worldwide-joint-venture |access-date=2022-05-15 |publisher=IFT}}</ref>

In July 2017, Nestlé introduced a new type of [[infant formula]] in Spain, containing two [[human milk oligosaccharide]]s.<ref>{{cite web|last=dairyreporter.com|title=Nestlé Spain develops first infant formula with two breast milk oligosaccharides|url=https://www.dairyreporter.com/Article/2017/07/05/Nestle-Spain-develops-formula-with-two-breast-milk-oligosaccharides|access-date=16 February 2022|website=dairyreporter.com|date=4 July 2017|language=en-GB|archive-date=1 December 2021|archive-url=https://web.archive.org/web/20211201011856/https://www.dairyreporter.com/Article/2017/07/05/Nestle-Spain-develops-formula-with-two-breast-milk-oligosaccharides|url-status=live}}</ref> Oligosaccharides are the third most abundant components of breast milk with various health benefits, but previously were not part of infant formula.

In September 2017, Nestlé S.A. acquired a majority stake of [[Blue Bottle Coffee]].<ref>{{cite news|url=https://www.bloomberg.com/news/articles/2017-09-14/nestle-buys-majority-stake-in-u-s-coffee-roaster-blue-bottle|title=Nestle Is Said to Pay $425 Million to Buy Blue Bottle Coffee|work=Bloombery Business|date=14 September 2017|access-date=20 September 2017|archive-url=https://web.archive.org/web/20170919164040/https://www.bloomberg.com/news/articles/2017-09-14/nestle-buys-majority-stake-in-u-s-coffee-roaster-blue-bottle|archive-date=19 September 2017|url-status=live}}</ref> While the deal's financial details were not disclosed, the ''Financial Times'' reported "Nestlé is understood to be paying up to $500m for the 68 per cent stake in Blue Bottle".<ref>{{cite news|url=https://www.ft.com/content/8fccb91a-9943-11e7-a652-cde3f882dd7b|title=Nestlé breaks into US hipster coffee market with Blue Bottle deal|date=14 September 2017|first1=Ralph|last1=Atkins|first2=Tim|last2=Bradshaw|website=Financial Times|access-date=20 September 2017|archive-url=https://web.archive.org/web/20170921090414/https://www.ft.com/content/8fccb91a-9943-11e7-a652-cde3f882dd7b|archive-date=21 September 2017|url-status=live}}</ref>

In September 2017, Nestlé USA agreed to acquire Sweet Earth, a California-based producer of plant-based foods, for an undisclosed sum.<ref>{{cite web|url=https://www.foodbev.com/news/nestle-usa-agrees-deal-for-meat-alternatives-brand-sweet-earth/|title=Nestlé agrees to acquire plant-based food brand Sweet Earth|website=Food Bev Media|access-date=20 September 2017|date=7 September 2017|archive-url=https://web.archive.org/web/20170921051431/https://www.foodbev.com/news/nestle-usa-agrees-deal-for-meat-alternatives-brand-sweet-earth/|archive-date=21 September 2017|url-status=live}}</ref>

Nestlé set a new profit target in September 2017 and agreed to offload over 20 of its US candy brands in January 2018. However, sales grew only 2.4% in 2017, and as of July 2018, the share price declined more than 8%. While some suggestions were adopted, Loeb said in a July 2018 letter that the shifts are too small and too slow. In a statement, Nestlé wrote that it was "delivering results" and listed actions it had taken, including investing in key brands and its global coffee partnership with Starbucks. However, activist investors disagreed, leading Third Point Management to launch NestleNOW, a website to push its case with recommendations calling for change, accusing Nestlé of not being as fast, aggressive, or strategic as it needs to be. Activist investors called for Nestlé to divide into three units with distinct CEOs, regional structures, and marketing heads - beverage, nutrition, and grocery; spin off more businesses that do not fit its model such as ice cream, frozen foods, and confectionery; and add an outsider with expertise in the food and beverage industry to the board.<ref>{{cite news |url=https://www.reuters.com/article/us-nestle-thirdpoint-idUSKBN1JR26K |title=Loeb pressures Nestle for more sales, restructuring |date=2 July 2018 |via=www.reuters.com |newspaper=Reuters |access-date=22 April 2019 |archive-url=https://web.archive.org/web/20190422215407/https://www.reuters.com/article/us-nestle-thirdpoint-idUSKBN1JR26K |archive-date=22 April 2019 |url-status=live}}</ref><ref>{{cite web |last=Mullen |first=Jethro |url=https://money.cnn.com/2018/07/02/investing/nestle-dan-loeb-third-point/index.html |title=Nestle: Hedge fund billionaire Dan Loeb slams 'muddled' strategy |work=Money.cnn.com |date=2 July 2018 |access-date=25 November 2018 |archive-url=https://web.archive.org/web/20180809030101/https://money.cnn.com/2018/07/02/investing/nestle-dan-loeb-third-point/index.html |archive-date=9 August 2018 |url-status=live }}</ref>

In January 2018, Nestlé USA announced it was selling its US confectionary business, including the [[100 Grand Bar|100 Grand]], [[Baby Ruth|BabyRuth]], [[Butterfinger]], [[Oh Henry!|OhHenry!]],  [[Chocolate-covered raisin|Raisinets]] and [[Sno-Caps|SnoCaps]] to [[Ferrara Candy Company]], an American-based chocolate and candy maker and [[Ferrero SpA|Ferrero]]-related company.<ref name=":2">{{Cite news |title=Nestle is selling its U.S. candy business to Ferrero for about $2.8 billion |url=https://www.usatoday.com/story/money/2018/01/16/nestle-selling-its-u-s-candy-business-ferrero-2-9-b/1036675001/ |url-status=live |archive-url=https://web.archive.org/web/20180116201658/https://www.usatoday.com/story/money/2018/01/16/nestle-selling-its-u-s-candy-business-ferrero-2-9-b/1036675001/ |archive-date=16 January 2018 |access-date=17 January 2018 |work=USA TODAY |language=en}}</ref> The company was sold for a total of an estimated $2.8 billion.<ref name=":2" />

In May 2018, it was announced that Nestlé and [[Starbucks]] struck a $7.15 billion distribution deal, which allows Nestlé to market, sell and distribute Starbucks coffee globally and to incorporate the brand's coffee varieties into Nestlé's proprietary single-serve system, expanding the overseas markets for both companies.<ref>[https://www.forbes.com/sites/richardkestenbaum/2018/05/07/nestle-and-starbucks-do-a-deal-but-will-it-work-in-the-long-term/#169841c040eb "Nestlé And Starbucks Agree To A $7B Distribution Deal, But Will It Work In The Long Term?] {{Webarchive|url=https://web.archive.org/web/20180507234855/https://www.forbes.com/sites/richardkestenbaum/2018/05/07/nestle-and-starbucks-do-a-deal-but-will-it-work-in-the-long-term/#169841c040eb|date=7 May 2018}}" ''Forbes Big Business''. Retrieved 7 May 2018.</ref>

In September 2018, Nestlé announced that it would sell Gerber Life Insurance for $1.55 billion.<ref>{{Cite news|url=https://www.wsj.com/articles/nestle-to-sell-gerber-life-insurance-to-western-southern-financial-1537222977|title=Nestlé to Sell Gerber Life Insurance to Western & Southern Financial|last1=Scism|first1=Leslie|date=17 September 2018|work=[[The Wall Street Journal]]|access-date=18 September 2018|last2=Barba|first2=Robert|language=en-US|issn=0099-9660|archive-url=https://web.archive.org/web/20180918033028/https://www.wsj.com/articles/nestle-to-sell-gerber-life-insurance-to-western-southern-financial-1537222977|archive-date=18 September 2018|url-status=live}}</ref><ref>{{Cite news|url=https://www.marketwatch.com/story/nestle-to-sell-gerber-life-insurance-for-155-billion-2018-09-17|title=Nestlé to sell Gerber Life Insurance for $1.55 billion|last=Assis|first=Claudia|work=MarketWatch|access-date=18 September 2018|language=en-US|archive-url=https://web.archive.org/web/20180917224957/https://www.marketwatch.com/story/nestle-to-sell-gerber-life-insurance-for-155-billion-2018-09-17|archive-date=17 September 2018|url-status=live}}</ref>

In October 2018, Nestlé announced the launch of the Nestlé Alumni Network, through a strategic partnership with [[SAP SE|SAP]] & [[EnterpriseAlumni]], to engage with their over 1 million [[Corporate Alumni|alumni]] globally.<ref>{{cite web |url=https://alumni.nestle.com/ |title=Archived copy |access-date=6 December 2019 |archive-url=https://web.archive.org/web/20190719123418/https://alumni.nestle.com/ |archive-date=19 July 2019 |url-status=live }}</ref>

In 2019, the company announced that it would publish Nutri-Score on all of its products sold in the European countries that supported the nutritional label.<ref>{{cite web |url=https://www.just-food.com/news/nestle-to-adopt-nutri-score-labelling-system-in-continental-europe_id141730.aspx |title=Nestle to adopt Nutri-Score labelling system in continental Europe &#124; Food Industry News &#124; just-food |website=www.just-food.com |access-date=30 June 2022 |archive-url=https://web.archive.org/web/20210115110453/https://www.just-food.com/news/nestle-to-adopt-nutri-score-labelling-system-in-continental-europe_id141730.aspx |archive-date=15 January 2021 |url-status=dead}}</ref>

In 2020, Nestlé USA's and Nestlé Canada's ice cream divisions were acquired by [[Froneri]].<ref>{{Cite web|url=https://www.froneri.com/news/froneri-moves-towards-global-leadership-with-acquisition-of-nestl%C3%A9-usa-s-ice-cream-business/|title=Froneri acquisition of Nestle USA|website=www.froneri.com|access-date=11 January 2020|archive-date=23 March 2020|archive-url=https://web.archive.org/web/20200323153550/https://www.froneri.com/news/froneri-moves-towards-global-leadership-with-acquisition-of-nestl%C3%A9-usa-s-ice-cream-business/|url-status=live}}</ref> Also during that year, Nestlé announced that the company wants to invest in plant-based food, starting with a "tuna salad" and meat-free products to engage and reach younger and vegan consumers.<ref>{{Cite news|url=https://www.ft.com/content/03590608-4e2e-11ea-95a0-43d18ec715f5 |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/03590608-4e2e-11ea-95a0-43d18ec715f5 |archive-date=10 December 2022 |url-access=subscription |url-status=live|title=Nestlé eyes 'once in a generation' plant-based opportunity|first=Judith|last=Evans|date=13 February 2020|newspaper=Financial Times|access-date=18 February 2020}}</ref>

On 16 February 2021, Nestlé announced that it had agreed to sell its water brands in the US and Canada to One Rock Capital Partners and [[Metropoulos & Co.|Metropoulos & Co]]. The sale would include the spring water and mountain brands, the purified water brand and the delivery service. The plan did not include the Perrier, S.Pellegrino and Acqua Panna brands.<ref>{{cite web |url=https://www.cnbc.com/2021/02/17/nestle-to-sell-north-american-water-brands-for-4point3-billion.html |title=One Rock and Metropoulos & Co. to acquire Nestlé Waters North America |date=17 February 2021 |work=CNBC |access-date=18 February 2021 |quote= |archive-date=17 February 2021 |archive-url=https://web.archive.org/web/20210217120138/https://www.cnbc.com/2021/02/17/nestle-to-sell-north-american-water-brands-for-4point3-billion.html |url-status=live}}</ref><ref>{{cite web |url=https://www.guelphtoday.com/local-news/nestle-water-bottling-operations-sold-to-equity-firm-for-43-billion-3436091 |title=Nestlé water-bottling operations sold to equity firm for $4.3 billion |date=17 February 2021 |work=CTV News |access-date=18 February 2021 |quote= |archive-date=18 February 2021 |archive-url=https://web.archive.org/web/20210218003415/https://www.guelphtoday.com/local-news/nestle-water-bottling-operations-sold-to-equity-firm-for-43-billion-3436091 |url-status=live }}</ref> In early April 2021, the sale was concluded.<ref>{{cite web|url=https://www.guelphtoday.com/local-news/nestle-waters-sale-finalized-and-a-day-later-ontario-lifts-moratorium-on-permits-3597877|title=Archeological Find Unearthed in Kitchener|date=2 April 2021|access-date=2 April 2021|quote=The 4.3 billion U.S. dollar sale of Nestle Waters North America to One Rock Capital Partners LLC was announced in February and the sale closed on Wednesday|archive-date=4 May 2021|archive-url=https://web.archive.org/web/20210504232117/https://www.guelphtoday.com/local-news/nestle-waters-sale-finalized-and-a-day-later-ontario-lifts-moratorium-on-permits-3597877?utm_source=Email&utm_medium=Email&utm_campaign=Email|url-status=live}}</ref>

The [[COVID-19 pandemic]] did not affect Nestlé negatively. Due to lockdowns, people bought more packaged foods, not only coffee and dairy products, but also pet products, which increased the company's sales. Nestlé recorded its strongest quarterly sales growth in 10 years.<ref>{{cite web|date=22 April 2021|title=Coffee, dairy help Nestle post strongest quarter in a decade|url=https://www.reuters.com/business/retail-consumer/coffee-dairy-help-nestle-beat-expectations-q1-2021-04-22/|access-date=22 April 2021|website=Reuters|archive-date=22 April 2021|archive-url=https://web.archive.org/web/20210422065529/https://www.reuters.com/business/retail-consumer/coffee-dairy-help-nestle-beat-expectations-q1-2021-04-22/|url-status=live}}</ref>

In April 2021, Nestlé agreed to purchase the vitamin manufacturing [[NBTY|Bountiful Company]], formerly known as The Nature's Bounty Co., for $5.75 billion, noting as well that much of the company's{{Which|date=February 2024}} growth that quarter came from "vitamins, minerals, and supplements that support health and the immune system". Bountiful's brands included Nature's Bounty, Solgar, Osteo Bi-Flex, and Puritan's Pride.<ref>{{Cite news|last=Kostov|first=Nick|date=30 April 2021|title=Nestlé Expands in Vitamins With $5.75 Billion Nature's Bounty Deal|language=en-US|work=[[The Wall Street Journal]]|url=https://www.wsj.com/articles/nestle-expands-in-vitamins-with-5-75-billion-natures-bounty-deal-11619778234|access-date=30 April 2021|issn=0099-9660|archive-date=30 April 2021|archive-url=https://web.archive.org/web/20210430102731/https://www.wsj.com/articles/nestle-expands-in-vitamins-with-5-75-billion-natures-bounty-deal-11619778234|url-status=live}}</ref><ref>{{cite web|date=30 April 2021|title=Nestle buys vitamin maker Bountiful's main brands for $5.75 billion|url=https://www.cnbc.com/2021/04/30/nestle-buys-vitamin-maker-bountifuls-main-brands-for-5point75-billion.html|access-date=30 April 2021|website=CNBC|language=en|archive-date=30 April 2021|archive-url=https://web.archive.org/web/20210430110628/https://www.cnbc.com/2021/04/30/nestle-buys-vitamin-maker-bountifuls-main-brands-for-5point75-billion.html|url-status=live}}</ref><ref>{{Cite news|date=30 April 2021|title=Nestle to Buy Vitamin Brands From KKR for $5.75 Billion|language=en|work=Bloomberg.com|url=https://www.bloomberg.com/news/articles/2021-04-30/nestle-to-buy-nature-s-bounty-owner-from-kkr-for-5-75-billion|access-date=30 April 2021}}</ref>

In July 2021, [[Vitaflo|Vitaflo International Ltd.]] (subsidiary to Nestlé Health Science since 2010) acquired the [[Dr. Schär]] brands, Mevalia and ComidaMed, which are used for the dietary management of IEM and cow's milk protein allergy to complement Vitaflo's existing IEM product portfolio.<ref>{{Cite web |title=NHSc to acquire the Mevalia® and ComidaMed® brands from Dr. Schär |url=https://www.nestlehealthscience.com/vitaflo/announcement |access-date=2024-04-08 |website=www.nestlehealthscience.com}}</ref>

In January 2022, Nestlé announced that it would pay African cocoa farmers cash if they send their children to school.<ref>{{cite web|title=Nestlé will pay African cocoa farmers to keep children in schools|url=https://www.swissinfo.ch/eng/business/nestl%C3%A9-will-pay-african-cocoa-farmers-to-keep-children-in-schools-/47298724|access-date=28 January 2022|website=SWI swissinfo.ch|date=27 January 2022|language=en|archive-date=28 January 2022|archive-url=https://web.archive.org/web/20220128024341/https://www.swissinfo.ch/eng/business/nestl%C3%A9-will-pay-african-cocoa-farmers-to-keep-children-in-schools-/47298724|url-status=live}}</ref>

In May 2022, it was announced Nestlé's Health Science unit had acquired the [[Brazil]]ian organic, natural, plant-based food maker Puravida.<ref>{{Cite web |title=Nestlé To Acquire Brazilian Plant-Based Firm Puravida |url=https://www.esmmagazine.com/a-brands/nestle-to-acquire-brazilian-plant-based-firm-puravida-174536 |access-date=24 May 2022 |website=ESM Magazine |date=24 May 2022 |language=en |archive-date=24 May 2022 |archive-url=https://web.archive.org/web/20220524074608/https://www.esmmagazine.com/a-brands/nestle-to-acquire-brazilian-plant-based-firm-puravida-174536 |url-status=live }}</ref>

In May 2022, Nestlé was sending baby formula supplies to the U.S. from European air bases to ease the [[2022 United States infant formula shortage]]. These relief shipments included products from the [[Gerber Products Company|Gerber]] baby food formula brand from the [[Netherlands]] and Alfamino baby formula from [[Switzerland]].<ref>[https://www.webmd.com/parenting/baby/news/20220518/nestle-flying-in-baby-formula-ease-us-shortage "Nestle Flying in Baby Formula to Ease U.S. Shortage"] {{Webarchive|url=https://web.archive.org/web/20220605014011/https://www.webmd.com/parenting/baby/news/20220518/nestle-flying-in-baby-formula-ease-us-shortage |date=5 June 2022 }}. ''webmd.com''. Retrieved 4 June 2022.</ref>

In September 2023, it was announced Nestlé had acquired a majority stake in the [[Extrema, Minas Gerais]]-headquartered premium chocolate manufacturer, Grupo CRM for an undisclosed amount.<ref>{{Cite web |last=Egginton |first=Tess |date=7 September 2023 |title=Nestlé to acquire majority stake in Brazilian premium chocolate company |url=https://www.fdiforum.net/mag/production/nestle-to-acquire-majority-stake-in-brazilian-premium-chocolate-company/ |access-date=8 September 2023 |website=Food & Drink International |language=en-GB}}</ref>

Following the [[Russian invasion of Ukraine|2022 Russian invasion of Ukraine]], the company continued doing business in Russia; therefore in November 2023, Ukraine's [[National Agency on Corruption Prevention]] listed Nestlé as an [[International Sponsors of War|International Sponsor of War]]. Nestle stated that it had already "halted all non-essential imports and exports to and from Russia".<ref>{{Cite news |date=2 November 2023 |title=Ukraine labels Nestlé a 'sponsor' of Russia's war of aggression |url=https://www.swissinfo.ch/eng/business/ukraine-labels-nestl%C3%A9-a-sponsor-of-russia-s-war-of-aggression/48946316 |work=SWI swissinfo}}</ref>

In February 2024, it was announced Nestle is expanding manufacturing capacity in [[India]] and increasing investments — the company will invest between [[Indian rupee|₹]]60-65 billion ($723–783 million) from 2020 to 2025.<ref>{{Cite news |date=8 February 2024 |title=Nestle investing Rs 6,000-6,500 cr to expand manufacturing ops in India, says top official |url=https://economictimes.indiatimes.com/industry/cons-products/fmcg/nestle-investing-rs-6000-6500-cr-to-expand-manufacturing-ops-in-india-says-top-official/articleshow/107532002.cms |archive-url=https://web.archive.org/web/20240209050230/https://economictimes.indiatimes.com/industry/cons-products/fmcg/nestle-investing-rs-6000-6500-cr-to-expand-manufacturing-ops-in-india-says-top-official/articleshow/107532002.cms |archive-date=2024-02-09 |access-date=2024-02-26 |website=The Economic Times |language=en}}</ref>

The [[Grand National Assembly of Turkey]] announced that Nestlé products (as well as some other products) will not be sold in restaurants, cafeterias and tea houses in the parliament campus. They said that this was a response to the manufacturers' support for Israel, but they did not identify anything the companies had actually done.<ref>{{Cite web |title=Turkish parliament dumps Coke, Nestle from menus over alleged Israel support |url=https://www.reuters.com/world/middle-east/turkish-parliament-removes-brands-menu-over-alleged-israel-support-2023-11-07/ |access-date=2 August 2024 |website=Reuters}}</ref> That month, Nestlé announced Schneider would leave his position as CEO and be replaced by [[Laurent Freixe]] on September 1, 2024.<ref>{{Cite web |title=Nestlé chief executive Mark Schneider to step down |url=https://www.ft.com/content/b2bfa1d7-e34b-46d6-bbeb-42bb6ea28720 |access-date=2024-08-23 |website=www.ft.com|date=23 August 2024 |last1=Agnew |first1=Harriet |last2=Speed |first2=Madeleine }}</ref>