Nestle buys Jenny Craig
Nestle has bought the Australia/NZ franchise of Jenny Craig. Nestle bought the USA based Jenny Craig Inc in 2006 from private investment firms MidOcean Partners and ACI Capital and founders Jenny and Sid Craig. Founded in Australia in 1983, today they have 650 centres in US, Canada, UK, France, Australia, NZ and more. Jenny Craig is the world’s second largest diet firm (after Weight Watchers). [source]