Thorne acquired by Procter & Gamble
Procter & Gamble agreed to acquire Thorne, an US supplements brand on Aug 4, 2026. The transaction value is shown as USD 3.8bn.
Transaction summary
- Target
- Thorne
- Acquirer
- Procter & Gamble
- Seller
- L Catterton
- Announced
- 2026-08-04
- Geography
- United States
- Tags
- SupplementsVitaminsVMSWellness
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-08-08
- Latest update
- 2026-08-08
Parties at the deal date
Seller
L Catterton is one of the world's leading consumer products focused private equity firms. L Catterton has deep expertise in consumer products, having made more than 200 investments since 1989, and being co-owned by LVMH (which owns brands including Louis Vuitton). We are able to provide our portfolio companies with access to substantial in-house and external resources to drive operational improvements and further growth. L Catterton has five current consumer brand investing platforms: a Flagship Buyout fund focused on $50-400m investments in North American and European companies, a North American Growth fund focused on $10-50m investments, a Latin American Fund focused on $40-75m investments, a Western Europe fund focused on EUR 25-75m investments, and an Asia fund focused on $50-150m investments. L Catterton also has a real estate fund that invests as a co-developer in large scale, mixed-use projects anchored by luxury retail. L Catterton was formed in 2016 through the merger of L Capital (the PE arm of LVMH) and Catterton, a US Private Equity firm.
Snapshot preserved for this transaction; current company profiles may differ.
Value and multiples
Price / value
USD 3.8B
Consideration | USD
Basis: Public source
EV / revenue
-
Period: Undisclosed
Basis: Public source
EV / EBITDA
-
EBITDA basis not stated
Basis: Public source
Basis
- USD 3.8bn consideration is treated as publicly disclosed or derived directly from public source data.
- Metric period: Undisclosed.
Source summary
No public source summary has been published for this transaction yet.