P&G Seals $3.8 Billion Deal for Supplements Company Thorne
P&G Seals $3.8 Billion Deal for Supplements Company Thorne [Core Summary] According to the Financial Times, global consumer goods giant Procter & Gamble has sealed a $3.8 billion deal to acquire U.S. premium health supplement brand Thorne. This move marks P&G’s major strategic push into the health and wellness sector, reflecting sustained growth in consumer demand for functional health products in the post-pandemic era. Event Details P&G’s CEO confirmed in a CNBC interview that the company will acquire Thorne in an all-cash transaction, with regulatory approval expected within the coming months. Thorne specializes in science-driven nutritional supplements and holds strong brand influence in professional medical channels and premium retail markets. ...