Nestlé and General Mills Joint Venture
Cereal Partners Worldwide A Nestlé and General Mills joint venture Making healthy breakfasts easier This publication is not intended for commercial communication At Cereal Partners Worldwide (CPW) we aim to provide our consumers around the world with a healthy start to their day. Our breakfast cereals are a convenient and tasty way to eat a nutritious breakfast. Combining forces for over two decades Established in 1990, CPW is a 50-50 joint venture between General Mills and Nestlé. It owes its success to the support and know-how of Fast facts its partner companies. The joint venture combines Nestlé’s strong worldwide presence and brands, its deep local market and distribution 50/50 joint venture Nestlé knowledge, and its production facilities, with General Mills’ technical and General Mills excellence in cereal products and processes, its proven cereal marketing Sales of 2 billion CHF (2012) expertise, as well as its wide portfolio of successful US cereal brands. 4500 employees The powerful combination is a proven competitive advantage and a secret of success. The joint venture has returned profit equally to its 17 factories partners since 1998. Three R&D centres Operations in 40 countries Sales in 140+ markets Headquarters in Lausanne, Around the world Switzerland Over 50 brands worldwide From its headquarters in Lausanne, Switzerland, CPW is managed by its Global brands : Fitness®, ® ® own fully accountable leadership team with the CEO reporting into the Cheerios , Chocapic and Nesquik® CPW Supervisory Board, chaired by the CEOs of Nestlé and General Mills. Operating outside General Mills’ home breakfast cereal markets the US and Canada, CPW drives sales in over 140 countries around the world, building on Nestlé’s presence and infrastructure.
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