FDBusiness.com

Nestlé Sells Jenny Craig in North America and Oceania

 Breaking News
  • Nordzucker to Invest €100 Million in Swedish Sugar Production Nordzucker Group will concentrate its sugar production in Sweden at its factory in Örtofta and as part of this process the refinery at Arlöv will be closed. Around €100 million will be invested in the strategy. The project is expected to be completed in autumn 2021. Based at Braunschweig in Germany, Nordzucker Group is one [...]...
  • FrieslandCampina Plans to Build a Sustainable Dairy Processing Plant International dairy co-operative Royal FrieslandCampina is exploring options to build a sustainable and innovative dairy processing plant in the Netherlands. The plant is intended for the processing of member milk into fresh dairy products, ingredients used for the production of early life and adult nutrition, and for cheese manufacturing. It would be built according to [...]...
  • Microwaveable Crumb-coated Snacks With Perfect Crunch Crisp Sensation, global food coating system expert, has developed snack coatings that promise perfect, crispy results. With its latest innovation, the company will soon enable manufacturers to develop microwaveable crumb-coated snacks. The technical breakthrough, which has been highly anticipated by the market, all comes down to moisture control. Even if the product is kept in a [...]...
  • Heineken Opens First Brewery in Mozambique Heineken has officially opened its first brewery in Mozambique. The new brewery, incorporating the latest technologies, represents a US$100 million (€85 million) investment. Located in the province of Maputo, between the Marracuene and Manhiça districts, the brewery will have a production capacity of 0.8 million hectolitres. It recently started to brew Txilar, a brand-new beer [...]...
  • Müller Targets UK Natural Yogurt Market Müller, the UK’s most popular yogurt brand[1], has launched its first ever range of natural yogurt. Made with milk from British farms, the natural range is fat free, high in protein and includes 0% added sugar. With the launch of Müllerlight Natural and Müllerlight Greek Style Natural, the Official Yogurt of British Athletics[2] is continuing to target [...]...

Nestlé Sells Jenny Craig in North America and Oceania

Nestlé Sells Jenny Craig in North America and Oceania
November 08
11:48 2013

Nestlé has sold its weight management business Jenny Craig in North America and Oceania to a US-based private equity group North Castle Partners. The Jenny Craig business in France is not part of the transaction.

The new owners will take over the businesses and offer employment to Jenny Craig staff in North America and Oceania.

North Castle Partners is a Connecticut-based leading US private equity firm that invests in businesses that promote health, wellness and active living. Jenny Craig was founded in 1983 and offers consumers weight management programmes tailored to their specific needs. It has been part of Nestlé Nutrition since 2006.

The transaction is subject to customary closing conditions and the financial details will not be disclosed.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements