Thursday, March 20, 2008

Nestle Nutrition and Beauty: Nestlé and L'Oréal Announce a Joint-Venture Project

What doesn't Nestle own? Apparently the Nestle corporation has it's corporate fingers in every pot. In 1974 Nestle further diversified it's portfolio by acquiring 27.5 % of the French company L'Oreal a cosmetic company. Together both companies formed a joint venture and purchased INNEOV a nutritional company that markets quality skin, hair and nail supplements.

1 comment:

L Wilder said...

Nestle is all about health, wellness and now beauty. Acquiring L'Oreal and then purchasing INNEOV further widens their name recognition and profitability. Nestle is taking over the world!