Procter & Gamble to Acquire Thorne for $3.8 Billion
Procter & Gamble plans to acquire Thorne, a supplements maker based in Summerville, South Carolina, in a deal valued at $3.8 billion. CEO Shailesh Jejurikar said the transaction will broaden P&G’s product offerings in self-care, prevention, and personalized wellness. P&G confirmed the acquisition in a news release posted Aug. 4.