CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
Jenny Craig Inc &
Nestle SA
Update Date: 06/04/08
Date Announced: 06/19/06
Value (million $USD): 600.0 million U.S. Dollar
Status: Completed
TRANSACTION DETAILS
Date Announced06/19/06
Date Originally Announced06/19/06
FormatMergerAcquisition techniquesNot Applicable
AttitudeNeutralAgencyn/a
Value600.0 million U.S. DollarAdvisor Feesn/a
SYNOPSIS
US - Nestle SA definitively acquired all the outstanding stock of Jenny Craig Inc, an owner and operator of weight management centers, from ACI Capital Co, a unit of AC Israel Enterprise Inc, and MidOcean Partners LP, for an estimated $600 mil.
TARGET
NameJenny Craig Inc
IndustriesSpecialty outpatient facilities, nec; Groceries and related products, nec; Patent owners and lessors
CityCarlsbad
StateCA
NationUnited States
Incorporated inDE
Public StatusPrivate
Business DescriptionOwn and operate weight management centers; wholesale dietary groceries; patent owners and lessors
AdvisorsGoldman Sachs & Co
Target Salesn/a
ACQUIROR
NameNestle SA (Zurich : NESN)
IndustriesDry, condensed, and evaporated dairy products; Roasted coffee; Food preparations, nec; Dog, cat, and pet food; Groceries and related products, nec
CityVevey
Staten/a
NationSwitzerland
Incorporated inn/a
Public StatusPublic
Business DescriptionNestle SA, located in Vevey, Switzerland, produces and wholesales chocolate drinks, cereals, baby foods, soups, sauces and heat-and-serve dishes, chocolate and confectionery, frozen foods and ice cream, and refrigerated foods such as yogurts, cheeses and cold meats. The company was founded in 1860.
AdvisorsNULL
Acquiror Sales69.15 billion U.S. Dollar
91.08 billion Swiss Franc
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.