P&G Acquires Thorne Supplements Brand in Health Push
Consumer goods giant Procter & Gamble (P&G) is expanding its portfolio by acquiring Thorne, a supplements brand that sells nutritional products. This move marks P&G's push into the supplements market, which complements its traditional household and personal care brands.
The acquisition was disclosed alongside P&G's quarterly earnings, but no financial details of the deal were provided. The addition of Thorne to P&G's portfolio suggests that the company is looking to capitalize on growing consumer interest in health and wellness products.