Word: nestl
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...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...
...Cherchez Pétranger," suspicion immediately falls on Unilever, the Anglo-Dutch giant whose own bid for Sapiem has been rejected after the French government persuaded Sapiem to resist any foreign liaisons. Unilever emphatically denies raiding Perrier, and so do other potential foreign rivals, notably Switzerland's Nestlé and the U.S.'s KraftCo, which are also reputed to have eyes on France's dairy industry...
With 1967 sales estimated at $735 million, Brown, Boveri is Switzerland's second largest company (after Nestlé), and it took the orders as a long-sought U.S. show of confidence. Brown, Boveri is hardly a household name; yet B.B.C., as it is known, has long generated wide respect for its heavy electrical equipment. Brown, Boveri's parent plant in Baden, near Zurich, depends on exports for 73% of its $146 million sales, which in turn are only a fraction of the company's global business. It has 17 manufacturing subsidiaries worldwide: 76,000 employees...
...Decent Reticence. Since 1875, when a group of his farsighted neighbors bought up the small Vevey factory in which Henri Nestlé had been producing milk pap for babies, Nestlé has consistently been characterized by a rare combination of imaginative salesmanship and financial caution. With uninhibited confidence, Nestlé has made a success of peddling canned milk in dairy-rich Denmark and instant coffee in Brazil. Most of the company's earnings are poured back into expansion: its 70,000 shareholders, many of them Swiss farmers, get only a 1.2% annual dividend and equally meager information on Nestl...