United States, Britain, Germany and Spain. World War I created new demand for dairy products in the form of government contracts. By the end of the war, Nestles©’s production had more than doubled. The asses saw Nestles©’s first expansion into new products, with chocolate the Company’s second most important activity. The end of World War II was the beginning of a dynamic phase for Nestles©. Growth accelerated and companies were acquired. In 1947 came the merger with Magi seasonings and soups. Crosser ; Blackwell followed in 1960, as did Finds (1963), Lobby’s (1971) and Stouffer (1973).
Diversification came with a shareholding in L’Oreal©al in 1974. Nestles© divested a number of businessperson/1984. In 1984, Nestles©’s improved bottom line allowed the Company to launch a new round of acquisitions, the most important being American food giant Carnation. Since 1996 there has been other acquisitions including San Pipelining (1 997), Spillers Potatoes (1998) and Ralston Purina (2002). There were two major acquisitions in North America, both in 2002: in July, Nestles© merged its U. S. Ice cream business into Dryer’s and in August, a US$ 2. Ban acquisition was announced of Chef America, Inc.
In 2003 M¶pinprick Ice Cream was acquired, enhancing Nestles©’s position as one of the world market leaders in this product category. In 2006, Jenny Craig and Uncle Toby were added to the Nestles© portfolio and 2007 saw Innovators Medical Nutrition, Gerber and Heinz join the Company. Nestles© Ghana Limited started business in Ghana in 1957 under the trading name of Nestles© Products (GHz) Limited with the importation of Nestles© products such as milk and chocolates. In 1968, it was incorporated as Food Specialties (GHZ) Limited to manufacture and market locally well known Nestles© brands.
The company became Nestles© Ghana Limited in 1987. In 1971 the production of the IDEAL Milk and MILL started at the Team Factory. The factory has since been further developed and now also produces CARNATION milks, CHOCOHOLIC, CHAMOMILE CRITERIA, CEREAL and ENEMAS? 3 in 1. These products are not only produced for Ghana but also exported across West Africa. In 2003, Nestles© Ghana Ltd invested in a new warehouse, the Central Distribution centre, located next to the factory in Team. The company also runs sales offices with warehouses in Kumara, Dictator, Soporific and Tamale. The
Company has invested some 130 billion cedes in 2004 and 2005 to increase its production capacity, particularly in the area of cocoa-based beverages, and to construct modern and efficient distribution facilities next to the factory in Team. How they began? 1866 Our history begins back in 1866, when the first European condensed milk factory was opened in Champ, Switzerland, by the Anglo-Swiss Condensed Milk Company. 1867 In Peeve, Switzerland, our founder Henry Nestles©, a German pharmacist, launched his Farina lack©e, a combination of cows milk, wheat flour and sugar, saving the fife of a neighbor’s child.
Nutrition has been the cornerstone of our company ever since. “Henry Nestles©, himself an immigrant from Germany, was instrumental in turning his Company towards international expansion from the very start. We owe more than our name, our logo and our first infant-food product to our founder. Henry Nestles© embodied many of the key attitudes and values that form part and parcel of our corporate culture: pragmatism, flexibility, the willingness to learn an open mind and respect for other people and cultures. ” Peter Bareback- Leather, Nestles© Chairman What they do?