Ovaltine

Ovaltine belongs to Associated British Foods plc through Wander AG → Twinings Ovaltine. Ovaltine is owned by Associated British Foods plc, headquartered in the United Kingdom. No. The ultimate owner of Ovaltine, Associated British Foods plc, is headquartered in the United Kingdom, not in the United States.

Nestlé S.A. is a multinational food and beverage processing company headquartered in Vevey, Switzerland, known for its wide range of products including dairy, coffee, and infant food.