P&G Acquires Supplements Brand Thorne in Diversification Push

Procter & Gamble (P&G) is expanding its reach into the supplements market through an acquisition. The consumer goods giant has confirmed it will buy Thorne, a brand that sells nutritional supplements. This move signals P&G's push into health and wellness products beyond its traditional household and personal care brands.

Thorne is a well-known player in the supplements space, offering a range of products to consumers. With this acquisition, P&G aims to tap into this growing market and increase its presence in the health and wellness segment. The deal's details are yet to be disclosed, but it marks an important step for P&G as it diversifies its portfolio.