Brandtree

Acquisition announced

Procter & Gamble acquires Thorne (2026)

Procter & Gamble announced the acquisition of Thorne on 4 August 2026 for $3.8 billion; the deal is announced.[1]

Procter & Gamble agreed to buy Thorne, the supplements company that L Catterton took private in 2023, from L Catterton's Flagship Fund. P&G's annual report puts the transaction at $3.8 billion. It would be one of P&G's largest acquisitions in years and a move into vitamins and supplements, a category it had largely left.

Recorded as announced; P&G expects to close in the second quarter of its 2027 fiscal year. The basis of the $3.8 billion figure is not stated.

Deal facts

Announced
Expected close
Pending
Value
$3.8 billion
Buyer
Procter & Gamble
Seller
Assets
Thorne
Regulatory review
None recorded

Sources (1) & corrections

Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.

  1. [1] The Procter & Gamble Company Form 10-K for fiscal 2026, note 15 - subsequent events — SEC EDGAR, SEC Form 10-K; retrieved 16 September 2026.

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