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U.S. Equity Firm Buys Jenny Crag Brand From Nestlé

November 7, 2013: 12:00 AM EST
A U.S. private equity firm has acquired the North American and Oceania Jenny Craig weight management businesses from Nestlé. The French brand was not part of the sale. Jenny Craig was launched in 1983 and acquired by Nestlé Nutrition in 2006. North Castle Partners, a private equity firm based in Connecticut, invests in high-growth, middle market businesses. Financial details of the transaction were not disclosed.
"Nestlé sells Jenny Craig in North America and Oceania", News release, Nestlé, November 07, 2013, © Nestlé
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