Procter & Gamble will acquire supplements brand Thorne for $3.8 billion, CEO Shailesh Jejurikar told CNBC, describing the deal as a move to grow the consumer goods giant's health business.
Procter & Gamble will acquire the supplements brand Thorne for $3.8 billion, the company’s chief executive told CNBC on August 4, 2026.
P&G CEO Shailesh Jejurikar announced the acquisition during an appearance on CNBC’s “Squawk on the Street.”
According to CNBC, Jejurikar said the acquisition is a play to grow the company’s health business.
The deal marks an effort by the consumer goods company to expand its presence in the health and wellness space through the addition of the Thorne supplements brand.
Why it matters
The acquisition signals a major consumer goods company deepening its investment in the growing health and supplements market. For consumers and investors, it reflects how large firms are seeking growth by expanding into wellness-focused product lines.