Exponent Private Equity-backed Natara to acquire Treatt for £157m.

Exponent Private Equity-backed Natara, a manufacturer of flavour and fragrance products, agreed to acquire Treatt, a manufacturer and supplier of ingredients and naturale, for £157m. "With the support of Exponent, Natara has been investing for growth since 2023. By combining with Treatt, we will be strongly positioned to continue our growth journey. The combination of Natara and Treatt will bring together two complementary businesses, expanding our product portfolio, accelerating our capability in innovation and delivering an enhanced customer proposition globally. The combination also will create more opportunities for each companies' teams, with greater capacity for collaboration and investment in talent. Together, we can unlock the long-term growth within Treatt's business by providing the required investment, additional operational expertise, and flexibility that comes with private ownership. We are excited by the combination and the opportunities we believe it presents to our employees, customers and other key stakeholders," Yoram Knoop, Natara Chief Executive Officer.