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Procter & Gamble to Acquire Supplement Brand Thorne for $3.8 Billion
Just the facts
Procter & Gamble announced an agreement to purchase dietary supplement company Thorne HealthTech for $3.8 billion. The acquisition expands Procter & Gamble's personal health and consumer wellness portfolio into science-backed nutritional supplements and vitamins. Procter & Gamble is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio. Thorne produces health testing services and customized vitamin supplements. The transaction is expected to close subject to customary regulatory approvals.
Why this is news
Procter & Gamble agreed to acquire dietary supplement manufacturer Thorne HealthTech in a transaction valued at $3.8 billion.
Sources
This summary is compiled strictly from the original reporting below.