http://www.nestle.com/MediaCenter/PressReleases/AllPressReleases/LOréalJointVentureProject-25Jun02.htm?Tab=2002b=2002
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:
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!
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