PG · 10-Q · 2026Q3 · Full report

Thorne Acquisition and Portfolio Strategy

PROCTER & GAMBLE Co · 2026-10-22 · Importance 53 · Surprise 60

P&G completed the acquisition of Thorne on October 1, 2026, for $3.9 billion in an all-cash transaction. Thorne is a premium wellness and supplement brand primarily sold in North America. The business will join P&G’s Personal Health Care operating segment, with results reported beginning in the quarter ending December 31, 2026, although management currently considers the acquired results immaterial.