Procter & Gamble will acquire supplements brand Thorne, CEO tells CNBC
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Procter & Gamble is buying supplement brand Thorne, CEO Shailesh Jejurikar said on CNBC’s “Squawk on the Street.”
The acquisition, which is set to be announced Tuesday, is a bid for P&G to grow its health and wellness division. The consumer goods giant already owns other health brands, like Vick’s and Oral-B.
“We are really happy with the asset itself,” Jejurikar told CNBC’s Sara Eisen. “It’s a really well-run operation, and it’s been around for a long time.”
Thorne’s Magnesium Glycinate and Ginseng Plus supplements.
Courtesy: Thorne
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Procter & Gamble will acquire supplements brand Thorne, CEO tells CNBC
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