Unilever is allegedly exploring a bid for American supplement brand Thorne, which would boost its health and wellness portfolio in the US market.
Thorne, founded in 1984, is a South Carolina-based company that sells supplements, such as magnesium, omega-3 and creatine, primarily in the US.
Unilever is rumoured to be one of several bidders eyeing up the brand, which has been put up for sale by private equity owner L Catterton, according to a report by the Financial Times, citing people familiar with the matter.
Thorne, which has ready-to-mix powdered beverages, soft gels and capsules in its portfolio, was acquired by L Catterton in 2023.
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L Catterton is alleged to be seeking a sale that values Thorne as high as US$4bn, according to the report.
Unilever has declined Cosmetics Business’ request for comment.
Unilever is doubling down on its beauty, personal care, wellness and home care business after divesting its food division in March this year.
The consumer goods giant revealed in April that it is set to acquire Grüns to further enhance its beauty and wellbeing focus in the US market.
The British consumer goods giant has signed an agreement to buy the greens supplement brand, which is expected to close later this year.
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