Article 6C38M Jenny Craig’s online business sold to healthcare startup prescribing weight-loss drugs

Jenny Craig’s online business sold to healthcare startup prescribing weight-loss drugs

by
Josh Taylor
from on (#6C38M)

Sale to tech firm Eucalyptus comes as Australia and New Zealand arm to cease trading and be placed into liquidation

The online business operated by weight-loss company Jenny Craig in Australia and New Zealand will be sold to an online healthcare start-up that rose to prominence prescribing weight-loss drugs, administrators announced on Wednesday.

Administrators FTI Consulting recommended Jenny Craig be placed into liquidation but agreed to sell the online capability of the business to Eucalyptus, a healthcare technology company, which will continue to offer online weight loss solutions to customers.

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