PG · News · 20260804N

Acquisition / Partnership / Divestiture

PROCTER & GAMBLE Co · 2026-08-04 · Importance 59 · Surprise 60

Procter & Gamble agreed to acquire supplements maker Thorne from L Catterton for $3.8 billion in cash. The transaction expands P&G’s Health Care portfolio into self-care, prevention, personalized wellness, and science-backed supplements. P&G expects the acquisition to strengthen its beauty and wellness presence and attract younger consumers while offsetting softness in other categories. The deal is subject to regulatory approval and is expected to close in 2027.

Key facts

• Procter & Gamble is acquiring Thorne for $3.8 billion. source
• Multiple reports state P&G won a bidding war for Thorne with a $3.8 billion deal, according to CEO Shailesh Jejurikar. source
• Thorne entered into a definitive agreement to be acquired by The Procter & Gamble Company. source
• P&G CEO Shailesh Jejurikar said the company will acquire supplements brand Thorne (statement on CNBC, Aug 4). source