Word: nestl
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Dates: during 1970-1979
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...know for 25 years whether our pathetic and uncertain efforts will have any effect," admits the thoughtful St. Louis-born Wyman, who is widely regarded as heir ap parent to Polaroid Founder Edwin Land. A Phi Beta Kappa English major at Amherst, Wyman worked in the Nestlé Co.'s new products division, where he was concerned with foreign acquisitions, now keeps close watch over Polaroid's fast-growing foreign sales...
Breweries are also adding wine lines: Schlitz and Seattle's Rainier companies have moved into the wine business during the past few years. Food-processing companies are heeding the ancient Roman proverb, "A meal without wine is like a day without sunshine": Pillsbury Co., Nestlé and the R.T. French & Co. of mustard fame have recently become vineyard owners. So have Lazard Frères, the Wall Street investment-banking firm; John Hancock, the insurer; and Southdown Inc., the Houston-based conglomerate. Takeover-ripe wineries have become rare, and the bids for them are enormous. The Gallo brothers have...
...Paris of a British father and a French mother, he speaks both languages fluently, divides his time between homes in England and France, and holds passports of both nations. Goldsmith's $1.4 billion-a-year Cavenham Foods empire-Europe's third largest food processor after Unilever and Nestlé-also straddles the English Channel...
...founded Oakville Vineyards in the Napa Valley, a prime wine area north of San Francisco. Russell Green gave up his $100,000-a-year job as president of Signal Oil & Gas Co. to buy the sleepy Simi Winery Co. in Healdsburg. Both Switzerland's Nestlé and Connecticut's Heublein purchased Napa Valley wineries last year. Though it can take a decade to reap any return from new vines, Widmer's Wine Cellars of New York, now controlled by mustard-making R.T. French Co., is spending $5,000,000 to buy and clear 400 Sonoma County acres...