Nestle Purchasing Jenny Craig

iv3rdawG · 06-19-2006, 07:42 PM

From CBC News:

Food and beverage company Nestlé AG said Monday that it plans to swallow the Jenny Craig diet business in a $600-million US deal.

The headquarters of Swiss food and beverage giant Nestle. (Keystone/Alessandro della Valle/Associated Press) The headquarters of Swiss food and beverage giant Nestle. (Keystone/Alessandro della Valle/Associated Press)

Switzerland-based Nestlé is buying Jenny Craig of Carlsbad, Calif., from two private equity companies. The sale is expected to close in the third quarter of this year.

With more than 3,000 employees, Jenny Craig has more than 600 weight-loss centres in the U.S., Canada, Australia and New Zealand. The company's sales topped $400 million US over the past 12 months.

The acquisition will expand Nestlé's diet business, which already includes the Lean Cuisine line of frozen foods.

"With this strategic acquisition, the group takes another important step in its transformation process into a nutrition, health and wellness company," said Nestlé chairman and CEO Peter Brabeck-Letmathe.

"The rise of obesity and the resulting metabolic disorders, such as diabetes and cardiovascular disease, is a major public health concern, not only in the U.S.A. but also the world over," he said.

--------

Lawl

halo7 · 06-19-2006, 07:44 PM

MMM

Lean Cuisine.

GreenvilleTexan · 06-19-2006, 07:56 PM

N-E-S-T-L-E-S, makes the very, very best ... diet food ...

redman · 06-19-2006, 09:27 PM

new to jenny craigs choice of lean foods: Kit Kat, Aero, NesQuick, and Butterfingers

**JBond** · 06-19-2006, 11:16 PM

Doesn't anyone else see the obvious conspiracy conspiring here?!?!

With Jenny Craig out of the way....Nestle will take over the world.

GreenvilleTexan · 06-20-2006, 12:07 AM

Never fear, there is still Hershey's!

Darth Barth · 06-20-2006, 12:11 AM

OK,now that is a diet I can live with! BTW, whats an Aero? If its chocolate I am sure its good.

Sock-Man · 06-20-2006, 03:00 AM

Never even heard of Jenny Craig.

Catshe · 06-20-2006, 04:17 PM

dont trust them

KUacuraChick · 06-20-2006, 08:04 PM

FETTUCINI!!

SuperRyan · 06-20-2006, 09:01 PM

I was going to post a pic of her, but couldn't find one that worked.

Damn you.

GreenvilleTexan · 06-20-2006, 11:06 PM

I'd hit it ...

xshatteredstardropsx · 06-20-2006, 11:26 PM

Ahahahahahahahahaha.

**JBond** · 06-21-2006, 12:01 AM

Or as Conan just said:

A spokesman for Nestle said "We're taking that b**** out."

06-19-2006, 07:42 PM	#1
iv3rdawG Oh My Glob! Join Date: Nov 2003 Location: Land of Ooo Posts: 15,458	Nestle Purchasing Jenny Craig From CBC News: Food and beverage company Nestlé AG said Monday that it plans to swallow the Jenny Craig diet business in a $600-million US deal. The headquarters of Swiss food and beverage giant Nestle. (Keystone/Alessandro della Valle/Associated Press) The headquarters of Swiss food and beverage giant Nestle. (Keystone/Alessandro della Valle/Associated Press) Switzerland-based Nestlé is buying Jenny Craig of Carlsbad, Calif., from two private equity companies. The sale is expected to close in the third quarter of this year. With more than 3,000 employees, Jenny Craig has more than 600 weight-loss centres in the U.S., Canada, Australia and New Zealand. The company's sales topped $400 million US over the past 12 months. The acquisition will expand Nestlé's diet business, which already includes the Lean Cuisine line of frozen foods. "With this strategic acquisition, the group takes another important step in its transformation process into a nutrition, health and wellness company," said Nestlé chairman and CEO Peter Brabeck-Letmathe. "The rise of obesity and the resulting metabolic disorders, such as diabetes and cardiovascular disease, is a major public health concern, not only in the U.S.A. but also the world over," he said. -------- Lawl __________________ Marina: "How had hate come to take the place of love?" - Olga Kurylenko in To the Wonder Tumblr \| Twitter \| Letterboxd

06-19-2006, 09:27 PM	#4
redman None of its Scripted Join Date: May 2003 Location: Australia.......all the way down here Posts: 12,956	new to jenny craigs choice of lean foods: Kit Kat, Aero, NesQuick, and Butterfingers __________________ The only gossip I'm interested in is things from the Weekly World News - 'Woman's bra bursts, 11 injured.' That kind of thing.

06-19-2006, 11:16 PM	#5
JBond Feed me Join Date: May 2000 Location: SR388 Posts: 67,502	Doesn't anyone else see the obvious conspiracy conspiring here?!?! With Jenny Craig out of the way....Nestle will take over the world. __________________ The due date for Round 135 of the CS Film Club is Monday, May 20th, 2013. 59 out of 64 Hugo Award winners completed. "Die Hard 5 makes Die Hard 4 look like Die Hard 1" - Doomsday

06-20-2006, 12:11 AM	#7
Darth Barth Executive Producer Join Date: Oct 2003 Location: In my house Posts: 3,740	OK,now that is a diet I can live with! BTW, whats an Aero? If its chocolate I am sure its good. __________________ River: "The human body can be drained of blood in 8.6 seconds given adequate vacuuming systems." Mal: (to Simon) "See, morbid and creepifying, I got no problem with, long as she does it quiet-like."

06-20-2006, 03:00 AM	#8
Sock-Man Blast Off! Join Date: Jan 2004 Posts: 8,040	Never even heard of Jenny Craig. __________________ Everything's so clear to me now. I'm the King of the Cheese, and you're the Lemon Merchant. Visit My Gallery! ..... please?

06-19-2006, 07:56 PM	#3
GreenvilleTexan Executive Producer Join Date: Dec 2004 Location: Greenville, Texas, 50 miles northeast of Dallas Posts: 3,516	N-E-S-T-L-E-S, makes the very, very best ... diet food ...

06-20-2006, 12:07 AM	#6
GreenvilleTexan Executive Producer Join Date: Dec 2004 Location: Greenville, Texas, 50 miles northeast of Dallas Posts: 3,516	Never fear, there is still Hershey's!

06-20-2006, 04:17 PM	#9
Catshe on a high Join Date: Jan 2004 Location: On top of the world Posts: 11,443	dont trust them __________________ Death comes to us all, but some people need it to come quicker

06-20-2006, 08:04 PM	#10
KUacuraChick JCCC Acura Lady Join Date: Sep 2004 Location: Shawnee, KS Posts: 5,219	FETTUCINI!! __________________ You stick pennies up your ass for confidence https://twitter.com/seakazoo

06-20-2006, 09:01 PM	#11
SuperRyan Executive Producer Join Date: Dec 2004 Location: The IL Posts: 4,615	I was going to post a pic of her, but couldn't find one that worked. Damn you. __________________ Starting tonight...people will die. I'm a man of my word.

06-20-2006, 11:06 PM	#12
GreenvilleTexan Executive Producer Join Date: Dec 2004 Location: Greenville, Texas, 50 miles northeast of Dallas Posts: 3,516	I'd hit it ...

06-20-2006, 11:26 PM	#13
xshatteredstardropsx Key Grip Join Date: Mar 2006 Location: Here. Posts: 32	Ahahahahahahahahaha.

06-21-2006, 12:01 AM	#14
JBond Feed me Join Date: May 2000 Location: SR388 Posts: 67,502	Or as Conan just said: A spokesman for Nestle said "We're taking that b** out." __________________ The due date for Round 135 of the CS Film Club is Monday, May 20th, 2013.** 59 out of 64 Hugo Award winners completed. "Die Hard 5 makes Die Hard 4 look like Die Hard 1" - Doomsday