Who owns Milo?
Milo is owned by Nestlé (Switzerland, SIX: NESN).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Key facts
- Current owner
- Nestlé S.A. reported
- Owned since
- Not recorded
- Previous owner
- None recorded
- Owner HQ
- 🇨🇭 Switzerland, Vevey
- Origin
- 🇦🇺 Australia
- Founded
- 1934
- Category
- Beverages › Coffee, tea & hot drinks › Hot chocolate & malt drinks
- Parent ticker
- SIX: NESN
- Last verified
- · 1 sources
About Milo
Milo is a malted chocolate drink powder developed in Australia in 1934 by a Nestlé chemist during the Depression, formulated to add nutrients to milk for children. It is sold mainly in Southeast Asia, Australasia, Africa and Latin America, where it is often drunk cold and is closely tied to youth sport sponsorship.
Ownership timeline of Milo
Where Milo sits in Nestlé
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- Aero
- Boost
- Carnation
- Cerelac
- Chocapic
- Coffee mate
- Felix
- Fitness
- Friskies
- Garden Gourmet
- Gerber
- Häagen-Dazs
- Hot Pockets
- KitKat
- La Lechera
- Lean Cuisine
- Maggi
- Milo
- NAN
- Nescafé
- Nescafé Dolce Gusto
- Nescafé Gold Blend
- Nescau
- Nespresso
- Nesquik
- Nesquik Ready to Drink
- Nestlé Toll House
- Perrier
- Purina
- S.Pellegrino
- Smarties
- Stouffer's
- Vittel
Open the full Nestlé ownership tree →
Other brands owned by Nestlé in beverages
Latest news about Milo
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Frequently asked questions
Who is the parent company of Milo?
The parent company of Milo is Nestlé, a publicly listed company headquartered in Switzerland.
Is Milo Australian or Swiss?
Milo originated in Australia in 1934, but it is owned today by Nestlé, which is headquartered in Switzerland. So Milo is an Australian-origin brand under Swiss ownership.
Is Milo still owned by Nestlé?
Yes. As of 6 September 2026, Milo is still owned by Nestlé. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Nestlé S.A. Annual Report 2025 — Nestlé S.A., Annual report, published 19 February 2026; retrieved 6 September 2026.
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