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Nestlé Milo is owned by Nestlé S.A., headquartered in Switzerland. No. The ultimate owner of Nestlé Milo, Nestlé S.A., is headquartered in Switzerland, not in the United States.
Nestlé is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, for several years.
Sources: nestle.com
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