Natara Global to acquire Treatt plc in all-cash deal

UK – Natara Global has agreed to acquire Treatt plc in an all-cash deal, bringing together two major players in the flavour and fragrance (F&F) industry. 

The transaction will see Natara take ownership of Treatt’s entire issued and to-be-issued share capital, creating a stronger and more diverse global platform in natural extracts and specialty aroma ingredients.

The move is designed to combine Natara’s expertise in base aromas with Treatt’s heritage in natural extracts such as citrus, tea, and botanicals. 

Treatt, which has been in operation for over 140 years, supplies ingredients widely used across the food, beverage, and personal care sectors. 

Together, the two companies will be able to accelerate innovation and offer customers a broader and more competitive portfolio.

According to Natara, the acquisition will generate strategic and operational advantages that neither business could fully achieve on its own. 

By merging resources, the group will gain a larger global salesforce, advanced manufacturing sites, and modern research facilities. 

This scale is expected to help the company tap into fast-growing markets where demand for natural, functional, and sustainable solutions is rising.

Natara’s growth story has been shaped by private equity firm Exponent, which acquired the company in 2023. Since then, Natara has received significant investment in manufacturing capabilities, customer partnerships, and leadership development. 

The Treatt deal represents the next step in Exponent’s plan to build a globally competitive F&F ingredients platform.

Commenting on the announcement, Yoram Knoop, Chief Executive Officer of Natara Global, said the acquisition will provide significant opportunities for growth, innovation, and talent development, while positioning the combined business to deliver greater value to customers worldwide.

“By combining with Treatt, we will be strongly positioned to continue our growth journey. The combination expands our portfolio, accelerates innovation, and enhances our global customer proposition. It also creates greater opportunities for our teams, with added capacity for collaboration and investment in talent. Together, we can unlock Treatt’s long-term potential by providing the investment, expertise, and flexibility that comes with private ownership,” Knoop said.

Treatt, headquartered in Bury St Edmunds, UK, also operates in the US and China, giving the new combined business an even stronger international presence. 

Once completed, the acquisition is expected to create a scaled leader in flavour and fragrance solutions, with a clear focus on natural, sustainable, and health-driven innovation.

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