P&G to Buy Wellness Company Thorne From LVMH-backed L Catterton

11:31 PM EDT, 08/04/2026 (MT Newswires) -- Consumer goods conglomerate Procter & Gamble (PRG.F), or P&G, signed a definitive deal to acquire US-based health and wellness group Thorne, according to a Tuesday release. The flagship fund of L Catterton, backed by French luxury goods group LVMH Moët Hennessy - Louis Vuitton (MC.PA), owns the target. The takeover is expected to be completed in 2026, subject to regulatory approvals and other conditions.