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History of Nestle:

Nestlé with headquarters in Vevey, Switzerland was founded in 1866 by

Henri Nestlé and is today the world's biggest food and beverage

company.

1866 -1905

In the 1860s Henri Nestlé, a pharmacist, developed a food for babies

who were unable to breastfeed. His first success was a premature

infant who could not tolerate his mother's milk or any of the usual

substitutes. People quickly recognized the value of the new product,

after Nestlé's new formula saved the child's life, and soon, Farine

Lactée Henri Nestlé was being sold in much of Europe.

1905-1918

In 1905 Nestlé merged with the Anglo-Swiss Condensed Milk Company. By

the early 1900s, the company was operating factories in the 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, Nestlé's production had more than doubled.

1918 -1938

After the war 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 the Company's second

most important activity

1938 -1944

Nestlé felt the effects of World War II immediately. Profits dropped

from $20 million in 1938 to $6 million in 1939. Factories were

established in developing countries, particularly Latin America.

Ironically, the war helped with the introduction of the Company's

newest product, Nescafé, which was a staple drink of the US military.

Nestlé's production and sales rose in the wartime economy.

1944 -1975

The end of World War II was the beginning of a dynamic phase for

Nestlé. Growth accelerated and companies were acquired. In 1947 came

the merger with Maggi seasonings and soups. Crosse & Blackwell

followed in 1950, as did Findus (1963), Libby's (1971) and Stouffer's

(1973). Diversification came with a shareholding in L’Oreal in 1974.

1975 -1981

Nestlé's growth in the developing world partially offset a slowdown in

the Company's traditional markets. Nestlé made its second venture

outside the food industry by acquiring Alcon Laboratories Inc.

1981 -1996

Nestlé divested a number of businesses1980 / 1984. In 1984, Nestlé's

improved bottom line allowed the Company to launch a new round of

acquisitions, the most important being American food giant Carnation.

The joint venture between Milkpak Ltd. And Nestle S.A. came about in

1988 and the company was renamed as Nestle Milkpak Ltd. Prior to that,

Milkpak Ltd., produced UHT milk, butter, cream, desi ghee and fruit

drinks at Sheikhupura factory. 21 branded product lines were added

during 1990 to 1998.

Nestle Milkpak operates the largest and an extremely efficient milk

collection system in the country, which enables it to collect the