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Nestlé S.A.: Nestlé sells Jenny Craig in North America and Oceania



      Nestlé S.A.: Nestlé sells Jenny Craig in North America and Oceania

Nestlé S.A. / Nestlé sells Jenny Craig in North America and Oceania .
Processed and transmitted by Thomson Reuters ONE. The issuer is solely
responsible for the content of this announcement.

This press release is also available in French (pdf) and German (pdf)

.............

  o Nestlé divests Jenny Craig businesses in North America and Oceania to
    North Castle Partners
  o North Castle Partners: a leading private equity firm that invests in
    high-growth, middle market businesses
  o Financial details of the transaction not disclosed

Vevey, 7^th November 2013 - Nestlé today announced it has sold its weight
management business Jenny Craig in North America and Oceania to a US-based
private equity group North Castle Partners.  The Jenny Craig business in
France is not part of the transaction.

The new owners will take over the businesses and offer employment to Jenny
Craig staff in North America and Oceania.

North Castle Partners is a Connecticut-based leading US private equity firm
that invests in businesses that promote health, wellness and active living.
 Jenny Craig was founded in 1983 and offers consumers weight management
programmes tailored to their specific needs. It has been part of Nestlé
Nutrition since 2006.  Nestlé Nutrition is part of Nestlé, the world's leading
Nutrition, Health and Wellness company. Nestlé employs more than 330,000
people and its products are sold in almost every country in the world. 

The transaction is subject to customary closing conditions and the financial
details will not be disclosed.

Contacts

Media: Robin Tickle  Tel.: +41 21 924 22 00
Investors: Roddy Child-Villiers  Tel.: +41 21 924 36 22

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the
information contained therein.

Source: Nestlé S.A. via Thomson Reuters ONE
HUG#1741347

--- End of Message ---

Nestlé S.A.
Avenue Nestlé 55 Vevey Switzerland

WKN: 887208;ISIN: CH0038863350;
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