Stocks
L Catterton Sells Health Brand Thorne to Procter & Gamble
L Catterton has agreed to sell its health and wellness business, Thorne, to Procter & Gamble (P&G).
Founded in 1984, Thorne provides science-backed health solutions for consumers, athletes, and healthcare professionals.
The company offers a range of nutritional supplements and technology-driven tools.
In late 2023, L Catterton acquired Thorne, taking it private.
P&G's acquisition of Thorne positions the brand to continue advancing its healthcare mission while staying true to its values and standards.