Nestle Nigeria Plc Nestle Nigeria Plc Nestle Nigeria Plc is a publicly listed food and beverage specialty company headquartered in Lagos. It is majority owned by Nestle S.A. of Switzerland. The company was founded in 1961 and conducted trading under the name of Nestle Products Nigeria Limited. It has its main factory in Agbara Industrial Estate, Ogun State. The firm manufactures breakfast cereal, baby food products, food seasoning and hydrolyzed plant protein mix. The firm was listed as one of the largest 100 companies in Africa by Africa Business magazine. The company began business under the trade name of Nestle Products Nigeria, in
Multinational corporation tries to make decisions from a global perspective rather than from one centralized headquarters. Another example is Royal Dutch Shell, whose headquarters are in The Hague, Netherlands, but whose registered office and main executive body are headquartered in London, United Kingdom. "Multinational enterprise" (MNE) is the term used by international economist and similarly defined with the multinational corporation (MNC) as an enterprise that controls and manages production establishments, known as plants located in at least two countries. The multinational enterprise (MNE) will engage in foreign direct investment (FDI) as the firm makes direct investments in host country plants for equity