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L'Oreal and Nestle used to be American companies, with L'Oreal being a common and affordable skin moisturizing cream from the 1990s, while Nestle KitKat being a favorite American candy, so when....... (lemmy.today)

submitted 1 month ago by Sparky@lemmy.today to c/Ask_USA@lemmy.today

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L’Oreal and Nestle used to be American companies, with L’Oreal being a common and affordable skin moisturizing cream from the 1990s, while Nestle KitKat being a favorite American candy, so when did L’Oreal become a French cosmetics company, and KitKat being a Swiss candybar? Thank you for your attention and interest.

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[–] OwOarchist@pawb.social 1 points 1 month ago (1 children)

but through one of their subsidiary brands, Hershey’s

Hershey's is a Nestle subsidiary now?

[–] beliquititious@lemmy.blahaj.zone 3 points 1 month ago

Maybe not actually. It looks like they license kitkat from Nestle for the US market but Hershey itself is owned by The Hershey Trust Company which has a controlling stake. Nestle probably owns a percentage, but I'm too lazy to dig that deep.