P&G announces intention to acquire wellness company Thorne
Expected to close later in 2026, the deal expands P&G Health Care's capacity for self-care and personalized wellness, leveraging Thorne's practitioner trust and scientific rigor.
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Multinational consumer goods company
pg.comLast updated
In short: P&G acquired Thorne for $3.8 billion, appointed Shailesh Jejurikar as Chairman, and cut thousands of jobs amidst economic headwinds.
Expected to close later in 2026, the deal expands P&G Health Care's capacity for self-care and personalized wellness, leveraging Thorne's practitioner trust and scientific rigor.
Executive Chairman Jon Moeller will retire on July 31, 2026.
Net sales grew 2% in Q4 and 3% for the year, with core EPS down 3% in the quarter.
Seven of the top 10 and 11 of top 25 placements, plus 21 products in the top 100.
In a new filing with the federal government, Cincinnati-based Procter and Gamble says it has cut thousands of jobs since it announced a restructuring last...
Procter & Gamble updated its worldwide headcount in a regulatory filing on Aug. 4, detailing the jobs cut a year after restructuring program.
Cincinnati's Procter & Gamble is making a multibillion-dollar bet on the booming wellness aisle, agreeing to acquire supplements maker Thorne for $3.8 billion. The deal...
Consumer goods group expands its health business in a sector that has boomed since the Covid pandemic.
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