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Nestlé Sells Jenny Craig In North America, Oceania
November 7, 2013
1 Min Read
VEVEY, SwitzerlandNestlé has sold Jenny Craig, its weight management business, in North America and Oceania to U.S.-based private equity group North Castle Partners. The Jenny Craig business in France is not part of the transaction.
Jenny Craig was founded in 1983 and has been part of Nestlé Nutrition since 2006. The new owners will take over the businesses and offer employment to Jenny Craig staff in North America and Oceania.
The transaction is subject to customary closing conditions. Financial details will not be disclosed.
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