Why?
💼 Partners with Israeli orgs
Sector
🍴 Food & Drink
Associated with
CEO
Laurent Freixe
Complicity Level
Complicit
Alternatives
Nestle, amongst many other rights violations, owns a controlling stake in Osem, one of the largest Israeli food manufacturers and distributors which operating in occupied Palestine.
To quote Boycott Israel Online regarding Nestle, “The Swiss multinational’s investments in Israel extend beyond research. Nestlé’s initial 10% stake in Osem, a prominent Israeli food manufacturer, has grown steadily, reaching a controlling 53.8%, an investment valued at over $850 million. Now Nestle owns a controlling stake in Osem. Nestlé’s diversified portfolio in Israel includes the ownership of Nespresso Israel Ltd in Tel Aviv Occupied Palestine, which supplies coffee brewing equipment. Additionally, in 2010, Nestlé acquired a 51% stake in Materna Laboratories, a leading Israeli baby food company, for $72 million.”