{
  "slug": "nestle-ownership-network",
  "kind": "ownership-network",
  "topic": "Companies & brands",
  "title": "Nestlé: recorded company relationships",
  "subtitle": "Selected relationships · snapshot 2026-10-10",
  "takeaway": "Inspect 10 recorded relationships around Nestlé, with company and brand nodes distinguished.",
  "period": "2026-10-10",
  "unit": "Reported stake (%) where supplied",
  "publisher": "Brandtree",
  "sourceUrl": "https://brandtree.org/data",
  "licenseUrl": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Brandtree brand ownership dataset, 2026-10-10, https://brandtree.org/data, CC BY 4.0",
  "retrievedAt": "2026-10-11T02:30:54.044Z",
  "vintage": "2026-10-10",
  "method": "Select up to eight direct relationships without a recorded end by the snapshot date, ordered with companies first and then target name. Follow up to two explicit relationships from each selected company, up to fourteen total edges, excluding repeated target nodes and cycles. Known future starts and ended relationships are excluded; unknown starts remain uncertain. Arrows follow recorded owner → owned direction; every line has the same width, independent of stake. Solid lines indicate verified records; dashed lines indicate reported records. Labels show the recorded relationship and stake when supplied, not an inference of exclusive or controlling ownership. The view is a selected two-level subset, not a complete portfolio.",
  "notes": [
    "Unknown starts, stakes, territory restrictions, intermediates and original confidence remain visible in the table and exports. A missing stake is never zero or 100%.",
    "Snapshot relationships are not a claim of current ownership after the source’s stated date. Only explicit recorded links are drawn; no ownership is inferred from brand names or shared owners."
  ],
  "explorer": "/explore/brands/",
  "rows": [
    {
      "place": "Nestlé S.A.",
      "code": "nestle",
      "destination": "Froneri International Limited",
      "destinationCode": "froneri",
      "period": "2026-10-10",
      "value": "50",
      "unit": "Reported stake (%)",
      "status": "reported",
      "sourceNote": "Froneri is a joint venture between Nestle and PAI Partners; neither party controls it outright, so brands inside it are not Nestle brands.",
      "sourceUrl": "https://www.froneri.com/brands/",
      "retainedUrl": "/publisher-data/brandtree.json",
      "sourceLocator": "/publisher-data/brandtree.json · edges[7132] · sources: src-froneri-brands",
      "metricId": "brandtree.relationship",
      "measure": "joint_venture",
      "role": "relationship",
      "displayed": true,
      "relationship": "joint_venture",
      "validFrom": "2016-10-01",
      "validTo": null,
      "territory": null,
      "via": "",
      "edgeIndex": 7132,
      "sourceReferences": "src-froneri-brands"
    },
    {
      "place": "Nestlé S.A.",
      "code": "nestle",
      "destination": "Aero",
      "destinationCode": "aero",
      "period": "2026-10-10",
      "value": "100",
      "unit": "Reported stake (%)",
      "status": "reported",
      "sourceNote": "",
      "sourceUrl": "https://www.nestle.com/investors/publications",
      "retainedUrl": "/publisher-data/brandtree.json",
      "sourceLocator": "/publisher-data/brandtree.json · edges[7114] · sources: src-nestle-ar-2025",
      "metricId": "brandtree.relationship",
      "measure": "owns",
      "role": "relationship",
      "displayed": true,
      "relationship": "owns",
      "validFrom": null,
      "validTo": null,
      "territory": null,
      "via": "",
      "edgeIndex": 7114,
      "sourceReferences": "src-nestle-ar-2025"
    },
    {
      "place": "Nestlé S.A.",
      "code": "nestle",
      "destination": "Boost",
      "destinationCode": "boost-nutrition",
      "period": "2026-10-10",
      "value": "100",
      "unit": "Reported stake (%)",
      "status": "reported",
      "sourceNote": "",
      "sourceUrl": "https://www.nestle.com/investors/publications",
      "retainedUrl": "/publisher-data/brandtree.json",
      "sourceLocator": "/publisher-data/brandtree.json · edges[7123] · sources: src-nestle-ar-2025",
      "metricId": "brandtree.relationship",
      "measure": "owns",
      "role": "relationship",
      "displayed": true,
      "relationship": "owns",
      "validFrom": null,
      "validTo": null,
      "territory": null,
      "via": "",
      "edgeIndex": 7123,
      "sourceReferences": "src-nestle-ar-2025"
    },
    {
      "place": "Nestlé S.A.",
      "code": "nestle",
      "destination": "Carnation",
      "destinationCode": "carnation",
      "period": "2026-10-10",
      "value": "100",
      "unit": "Reported stake (%)",
      "status": "reported",
      "sourceNote": "",
      "sourceUrl": "https://www.nestle.com/investors/publications",
      "retainedUrl": "/publisher-data/brandtree.json",
      "sourceLocator": "/publisher-data/brandtree.json · edges[7125] · sources: src-nestle-ar-2025; src-nestle-carnation-1985",
      "metricId": "brandtree.relationship",
      "measure": "owns",
      "role": "relationship",
      "displayed": true,
      "relationship": "owns",
      "validFrom": "1985-01-04",
      "validTo": null,
      "territory": null,
      "via": "",
      "edgeIndex": 7125,
      "sourceReferences": "src-nestle-ar-2025; src-nestle-carnation-1985"
    },
    {
      "place": "Nestlé S.A.",
      "code": "nestle",
      "destination": "Cerelac",
      "destinationCode": "cerelac",
      "period": "2026-10-10",
      "value": "100",
      "unit": "Reported stake (%)",
      "status": "reported",
      "sourceNote": "",
      "sourceUrl": "https://www.nestle.com/investors/publications",
      "retainedUrl": "/publisher-data/brandtree.json",
      "sourceLocator": "/publisher-data/brandtree.json · edges[7110] · sources: src-nestle-ar-2025",
      "metricId": "brandtree.relationship",
      "measure": "owns",
      "role": "relationship",
      "displayed": true,
      "relationship": "owns",
      "validFrom": null,
      "validTo": null,
      "territory": null,
      "via": "",
      "edgeIndex": 7110,
      "sourceReferences": "src-nestle-ar-2025"
    },
    {
      "place": "Nestlé S.A.",
      "code": "nestle",
      "destination": "Chocapic",
      "destinationCode": "chocapic",
      "period": "2026-10-10",
      "value": "100",
      "unit": "Reported stake (%)",
      "status": "reported",
      "sourceNote": "",
      "sourceUrl": "https://www.nestle.com/investors/publications",
      "retainedUrl": "/publisher-data/brandtree.json",
      "sourceLocator": "/publisher-data/brandtree.json · edges[7127] · sources: src-nestle-ar-2025",
      "metricId": "brandtree.relationship",
      "measure": "owns",
      "role": "relationship",
      "displayed": true,
      "relationship": "owns",
      "validFrom": null,
      "validTo": null,
      "territory": null,
      "via": "",
      "edgeIndex": 7127,
      "sourceReferences": "src-nestle-ar-2025"
    },
    {
      "place": "Nestlé S.A.",
      "code": "nestle",
      "destination": "Coffee mate",
      "destinationCode": "coffee-mate",
      "period": "2026-10-10",
      "value": "100",
      "unit": "Reported stake (%)",
      "status": "reported",
      "sourceNote": "",
      "sourceUrl": "https://www.nestle.com/investors/publications",
      "retainedUrl": "/publisher-data/brandtree.json",
      "sourceLocator": "/publisher-data/brandtree.json · edges[7116] · sources: src-nestle-ar-2025; src-nestle-company-history",
      "metricId": "brandtree.relationship",
      "measure": "owns",
      "role": "relationship",
      "displayed": true,
      "relationship": "owns",
      "validFrom": "1985-01-01",
      "validTo": null,
      "territory": null,
      "via": "",
      "edgeIndex": 7116,
      "sourceReferences": "src-nestle-ar-2025; src-nestle-company-history"
    },
    {
      "place": "Nestlé S.A.",
      "code": "nestle",
      "destination": "Felix",
      "destinationCode": "felix-petfood",
      "period": "2026-10-10",
      "value": "100",
      "unit": "Reported stake (%)",
      "status": "reported",
      "sourceNote": "",
      "sourceUrl": "https://www.nestle.com/investors/publications",
      "retainedUrl": "/publisher-data/brandtree.json",
      "sourceLocator": "/publisher-data/brandtree.json · edges[7105] · sources: src-nestle-ar-2025",
      "metricId": "brandtree.relationship",
      "measure": "owns",
      "role": "relationship",
      "displayed": true,
      "relationship": "owns",
      "validFrom": null,
      "validTo": null,
      "territory": null,
      "via": "",
      "edgeIndex": 7105,
      "sourceReferences": "src-nestle-ar-2025"
    },
    {
      "place": "Froneri International Limited",
      "code": "froneri",
      "destination": "Drumstick",
      "destinationCode": "drumstick",
      "period": "2026-10-10",
      "value": "100",
      "unit": "Reported stake (%)",
      "status": "reported",
      "sourceNote": "",
      "sourceUrl": "https://www.froneri.com/brands/",
      "retainedUrl": "/publisher-data/brandtree.json",
      "sourceLocator": "/publisher-data/brandtree.json · edges[3746] · sources: src-froneri-brands",
      "metricId": "brandtree.relationship",
      "measure": "owns",
      "role": "relationship",
      "displayed": true,
      "relationship": "owns",
      "validFrom": "2019-12-31",
      "validTo": null,
      "territory": null,
      "via": "",
      "edgeIndex": 3746,
      "sourceReferences": "src-froneri-brands"
    },
    {
      "place": "Froneri International Limited",
      "code": "froneri",
      "destination": "Mövenpick",
      "destinationCode": "movenpick-ice-cream",
      "period": "2026-10-10",
      "value": "100",
      "unit": "Reported stake (%)",
      "status": "reported",
      "sourceNote": "",
      "sourceUrl": "https://www.froneri.com/brands/",
      "retainedUrl": "/publisher-data/brandtree.json",
      "sourceLocator": "/publisher-data/brandtree.json · edges[3745] · sources: src-froneri-brands; src-froneri-ch-movenpick",
      "metricId": "brandtree.relationship",
      "measure": "owns",
      "role": "relationship",
      "displayed": true,
      "relationship": "owns",
      "validFrom": "2016-10-01",
      "validTo": null,
      "territory": null,
      "via": "",
      "edgeIndex": 3745,
      "sourceReferences": "src-froneri-brands; src-froneri-ch-movenpick"
    }
  ],
  "native": {
    "metrics": [],
    "periods": [
      "2026-10-10"
    ],
    "displayCodes": [
      "nestle",
      "froneri",
      "aero",
      "boost-nutrition",
      "carnation",
      "cerelac",
      "chocapic",
      "coffee-mate",
      "felix-petfood",
      "drumstick",
      "movenpick-ice-cream"
    ],
    "credit": "Brandtree · CC BY 4.0",
    "caption": "Arrows follow recorded relationships. Solid: verified; dashed: reported. Circle-ended boxes are brands; square-ended boxes are companies.",
    "nodes": [
      {
        "id": "nestle",
        "type": "company",
        "name": "Nestlé S.A.",
        "depth": 0
      },
      {
        "id": "froneri",
        "type": "company",
        "name": "Froneri International Limited",
        "depth": 1
      },
      {
        "id": "aero",
        "type": "brand",
        "name": "Aero",
        "depth": 1
      },
      {
        "id": "boost-nutrition",
        "type": "brand",
        "name": "Boost",
        "depth": 1
      },
      {
        "id": "carnation",
        "type": "brand",
        "name": "Carnation",
        "depth": 1
      },
      {
        "id": "cerelac",
        "type": "brand",
        "name": "Cerelac",
        "depth": 1
      },
      {
        "id": "chocapic",
        "type": "brand",
        "name": "Chocapic",
        "depth": 1
      },
      {
        "id": "coffee-mate",
        "type": "brand",
        "name": "Coffee mate",
        "depth": 1
      },
      {
        "id": "felix-petfood",
        "type": "brand",
        "name": "Felix",
        "depth": 1
      },
      {
        "id": "drumstick",
        "type": "brand",
        "name": "Drumstick",
        "depth": 2
      },
      {
        "id": "movenpick-ice-cream",
        "type": "brand",
        "name": "Mövenpick",
        "depth": 2
      }
    ],
    "edges": [
      {
        "record": {
          "owner": "nestle",
          "owned": "froneri",
          "owned_type": "company",
          "stake_pct": 50,
          "relationship": "joint_venture",
          "valid_from": "2016-10-01",
          "valid_to": null,
          "via": "",
          "territory": null,
          "deal": null,
          "confidence": "reported",
          "sources": "src-froneri-brands",
          "notes": "Froneri is a joint venture between Nestle and PAI Partners; neither party controls it outright, so brands inside it are not Nestle brands."
        },
        "index": 7132
      },
      {
        "record": {
          "owner": "nestle",
          "owned": "aero",
          "owned_type": "brand",
          "stake_pct": 100,
          "relationship": "owns",
          "valid_from": null,
          "valid_to": null,
          "via": "",
          "territory": null,
          "deal": null,
          "confidence": "reported",
          "sources": "src-nestle-ar-2025",
          "notes": null
        },
        "index": 7114
      },
      {
        "record": {
          "owner": "nestle",
          "owned": "boost-nutrition",
          "owned_type": "brand",
          "stake_pct": 100,
          "relationship": "owns",
          "valid_from": null,
          "valid_to": null,
          "via": "",
          "territory": null,
          "deal": null,
          "confidence": "reported",
          "sources": "src-nestle-ar-2025",
          "notes": null
        },
        "index": 7123
      },
      {
        "record": {
          "owner": "nestle",
          "owned": "carnation",
          "owned_type": "brand",
          "stake_pct": 100,
          "relationship": "owns",
          "valid_from": "1985-01-04",
          "valid_to": null,
          "via": "",
          "territory": null,
          "deal": "nestle-acquires-carnation-1985",
          "confidence": "reported",
          "sources": "src-nestle-ar-2025; src-nestle-carnation-1985",
          "notes": null
        },
        "index": 7125
      },
      {
        "record": {
          "owner": "nestle",
          "owned": "cerelac",
          "owned_type": "brand",
          "stake_pct": 100,
          "relationship": "owns",
          "valid_from": null,
          "valid_to": null,
          "via": "",
          "territory": null,
          "deal": null,
          "confidence": "reported",
          "sources": "src-nestle-ar-2025",
          "notes": null
        },
        "index": 7110
      },
      {
        "record": {
          "owner": "nestle",
          "owned": "chocapic",
          "owned_type": "brand",
          "stake_pct": 100,
          "relationship": "owns",
          "valid_from": null,
          "valid_to": null,
          "via": "",
          "territory": null,
          "deal": null,
          "confidence": "reported",
          "sources": "src-nestle-ar-2025",
          "notes": null
        },
        "index": 7127
      },
      {
        "record": {
          "owner": "nestle",
          "owned": "coffee-mate",
          "owned_type": "brand",
          "stake_pct": 100,
          "relationship": "owns",
          "valid_from": "1985-01-01",
          "valid_to": null,
          "via": "",
          "territory": null,
          "deal": null,
          "confidence": "reported",
          "sources": "src-nestle-ar-2025; src-nestle-company-history",
          "notes": null
        },
        "index": 7116
      },
      {
        "record": {
          "owner": "nestle",
          "owned": "felix-petfood",
          "owned_type": "brand",
          "stake_pct": 100,
          "relationship": "owns",
          "valid_from": null,
          "valid_to": null,
          "via": "",
          "territory": null,
          "deal": null,
          "confidence": "reported",
          "sources": "src-nestle-ar-2025",
          "notes": null
        },
        "index": 7105
      },
      {
        "record": {
          "owner": "froneri",
          "owned": "drumstick",
          "owned_type": "brand",
          "stake_pct": 100,
          "relationship": "owns",
          "valid_from": "2019-12-31",
          "valid_to": null,
          "via": "",
          "territory": null,
          "deal": null,
          "confidence": "reported",
          "sources": "src-froneri-brands",
          "notes": null
        },
        "index": 3746
      },
      {
        "record": {
          "owner": "froneri",
          "owned": "movenpick-ice-cream",
          "owned_type": "brand",
          "stake_pct": 100,
          "relationship": "owns",
          "valid_from": "2016-10-01",
          "valid_to": null,
          "via": "",
          "territory": null,
          "deal": null,
          "confidence": "reported",
          "sources": "src-froneri-brands; src-froneri-ch-movenpick",
          "notes": null
        },
        "index": 3745
      }
    ],
    "root": "nestle"
  }
}