In 1929, Peter, Cailler, Kohler, Chocolats Suisses finally merged with the Nestlé group. 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 1911, the company created by Peter and Kohler merged with Cailler. 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 the late 19th and early 20th century, Henri Nestlé and his successors participated in the development of the chocolate industry in Switzerland, together with the Peter, Kohler, and Cailler families. 1879: Nestlé merged with milk chocolate inventor Daniel Peter.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.1875: Henri Nestlé retired the company, under new ownership, retained his name as Société Farine Lactée Henri Nestlé.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. The following year, Daniel Peter began seven years of work perfecting the milk chocolate manufacturing process. 1867: In Vevey, Switzerland, Henri Nestlé developed milk-based baby food and soon began marketing it.The company's first British operation was opened at Chippenham, Wiltshire in 1873. 1866: Charles Page ( US consul to Switzerland) and George Page, brothers from Lee County, Illinois established the Anglo-Swiss Condensed Milk Company in Cham, Switzerland.

In the following decades, the two competing enterprises expanded their businesses throughout Europe and the United States. Nestlé's origin dates back to the 1860s when two separate Swiss enterprises were founded that would later form Nestlé. History 1866–1900: Founding and early years Henri Nestlé (1814–1890), a German-born Swiss confectioner, was the founder of Nestlé and one of the main creators of condensed milk. The company has been associated with various controversies, facing criticism and boycotts over its marketing of baby formula as an alternative to breastfeeding in developing countries (where clean water may be scarce), its reliance on child labour in cocoa production, and its production and promotion of bottled water. The company has made a number of corporate acquisitions including Crosse & Blackwell in 1960, Findus in 1963, Libby's in 1971, Rowntree Mackintosh in 1988, Klim in 1998, and Gerber in 2007. The company grew significantly during World War I and again following World War II, expanding its offerings beyond its early condensed milk and infant formula products. Nestlé was formed in 1905 by the merger of the 'Anglo-Swiss Milk Company', which was established in 1866 by brothers George and Charles Page, and 'Farine Lactée Henri Nestlé' founded in 1867 by Henri Nestlé. It is one of the main shareholders of L'Oreal, the world's largest cosmetics company. Nestlé has 447 factories, operates in 189 countries, and employs around 339,000 people. Twenty-nine of Nestlé's brands have annual sales of over 1 billion CHF (about US$1.1 billion), including Nespresso, Nescafé, Kit Kat, Smarties, Nesquik, Stouffer's, Vittel, and Maggi. Nestlé's products include baby food (some including human milk oligosaccharides), medical food, bottled water, breakfast cereals, coffee and tea, confectionery, dairy products, ice cream, frozen food, pet foods, and snacks. 33 in the 2016 edition of the Forbes Global 2000 list of the largest public companies. 64 on the Fortune Global 500 in 2017 and No. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 2014. ( / ˈ n ɛ s l eɪ, - l i, - əl/ NESS-lay, -⁠lee, -⁠əl, French:, German: ⓘ) is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland.

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