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Procter & Gamble to acquire Thorne for $3.8 billion, CEO says
['Vlad Schepkov', 'Tue', 'August At Pm Gmt', 'Min Read']
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Investing.com -- Procter & Gamble Co. reached an agreement to acquire supplement maker Thorne for $3.8 billion, with the deal set to be announced later today.
UK-based companies Haleon Plc and Unilever Plc were also reported as potential buyers, according to the Financial Times.
Thorne was established in 1984 and produces a range of products from creatine to prenatal vitamins.
According to CNBC, Thorne was on track to reach $650 million in total sales in 2026 earlier this year.
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