Nestlé buys Jenny CraigThis article was originally published in Foodnews
NESTLE Australia has confirmed it will acquire weight-loss firm, Jenny Craig, in January 2011 for an undisclosed sum. Under terms of the deal, Jenny Craig Australia and New Zealand will operate as part of Jenny Craig Inc, a global Nestlé Nutrition business. Amy Smith, managing director of Jenny Craig Australia and New Zealand, said the deal represents an exciting opportunity for the Australian business. "In Australia, Jenny Craig has grown significantly in recent years," she said. "Now, with the scale, synergies and expertise that Jenny Craig can supply, we are confident this growth will continue." Jenny Craig's chief executive, Patti Larchet, added: "At Jenny Craig, we are committed to addressing the obesity epidemic and helping our clients lead healthier lives. As we continue to evolve our programme, the Australian market will benefit from our global programme innovation and scientific research."