Weight loss big Jenny Craig’s Australian and New Zealand operations have gone into voluntary administration.
The Melbourne-founded business final week confirmed it was shutting down its company workplaces within the United States.
A consultant on the time mentioned the choice wouldn’t have an effect on native companies however FTI Consulting was appointed to guide the voluntary administration on Tuesday.
FTI Consulting confirmed its staff of Vaughan Strawbridge, Kate Warwick, and Joseph Hansell had been appointed as voluntary directors.
The firm was based in Melbourne in 1983 and grew to turn out to be a family title as one of many largest weight administration firms on the earth.
It has greater than 500 places in North America and about 600 centres globally.
Private fairness funding agency H.I.G. Capital purchased Jenny Craig in 2019 for an undisclosed sum.
Source: www.perthnow.com.au
