Approved · Waiver · decided in 11 days, 7 Sept 2026
The Procter & Gamble Company, a global consumer goods manufacturer supplying VOOST vitamins in Australia, proposes to acquire 100% of the units of US-based wellness company Healthspan Topco, LLC (trading as Thorne). Thorne supplies nutritional supplements in Australia. This share acquisition is in the pharmaceutical and toiletry goods wholesaling sector.
The Procter & Gamble Company ( P&G ) proposes to acquire 100% of the issued and outstanding units of Healthspan Topco, LLC, and its subsidiaries (collectively trading as Thorne ) (the Acquisition ). P&G is a global manufacturer of consumer goods, including fabric and household care, grooming, health care, baby, feminine, and family care products. Its headquarters are located in Cincinnati, USA and its shares are listed on the New York Stock Exchange. In Australia, P&G supplies vitamins, minerals and supplements through its VOOST brand, which is focused on effervescent vitamins and supplements and is distributed through pharmacy and grocery retail channels. Thorne is a US-based wellness company that offers high-quality supplements and personalised health solutions backed by health care practitioners. Thorne's nutritional supplements are manufactured in the US, primarily at its manufacturing campus in Summerville, South Carolina. Thorne’s products are sold directly to consumers through its website (Thorne.com) and select online marketplaces such as Amazon, as well as through healthcare practitioners and athletic performance partners. It supplies a range of vitamins, minerals and supplements in Australia exclusively through distributors and e-commerce channels, including directly through its own e-commerce platform and on a cross-border basis through, for example, iHerb and Pattern Australia.