The acquisition will take effect from January 2011.
Jenny Craig Australia and New Zealand will operate as part of Jenny Craig Inc, a global Nestlé Nutrition business.
Amy Smith, MD, 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,” said Smith. “Now, with the scale, synergies and expertise that Jenny Craig can supply, we’re confident this growth will continue.”
Jenny Craig offers a weight management programme which includes personalised nutrition and activity plans, with one-on-one weekly consultations as well as a range of ‘nutritionally balanced and portion-controlled prepared foods’.
The current Jenny Craig management team will continue to run the business and will report directly to Jenny Craig headquartered in Carlsbad, California, US. There are no redundancies as a result of this agreement.
Source: Jenny Craig
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