Nestlé is a Swiss multinational company headquartered in Vevey, Switzerland. The company employs over 280,000 people worldwide and has over 2,000 brands that include coffee, bottled water, milkshakes, frozen and refrigerated foods, infant foods, performance and healthcare nutrition, seasonings, pet food, and chocolate. In 1974, Nestlé diversified by becoming a major shareholder in L’Oréal, makers of cosmetics. Nestlé’s Research and Development has 29 facilities worldwide and is the largest of any food company employing over 5,000 people (Source: Nestlé Global).