Artal Group
Investment firm
Owns 46% of Weight Watchers.

Overall

Owned LUX
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Artal Group SA
LUX

Company Assessment

Artal Group SA
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Company Details

Type:
Private Company
Subsidiaries:
WW International Inc (46% owned)
Wellness services
Weight Watchers was founded in Queens, New York by housewife and mother, Jean Nidetch in 1963. Heinz bought the company for $78 million in 1978, and sold it to private equity firm Artal Luxembourg in 1999 for $735 million. Oprah Winfrey became spokesperson and part-owner in 2015. Weight Watchers rebranded itself WW International in 2018, as its focus moves towards overall health and wellness.

Contact Details

Address:
Luxembourg

Products / Brands

Weight Watchers (46% owned)
Weight Watchers Weight Loss