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As shareholder. Nestlé owns 23.29% of L'Oréal, the world's largest cosmetics and beauty company, whose brands include Garnier, Maybelline, Lancôme and Urban Decay. Nestlé owned 100% of Alcon in 1978. In 2002 Nestlé sold 23.2% of its Alcon shares on the New York Stock Exchange.
1843: Henri Nestlé establishes his first lemonade and water bottling factory. 1866: Foundation of the Nestlé Group 1969: Acquisition of a 30% stake in the Société Générale des Eaux Minérales de Vittel in France 1974: Acquisition of the German Blaue Quellen group. 1987: Nestlé S.A. takes a majority stake in Vittel and joins with Arrowhead.
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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. Nestlé's origin dates back to the 1860s when two separate Swiss enterprises were founded that would later form Nestlé.
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