Treatt

What Treatt does

Treatt plc is a UK-listed natural extracts and ingredients manufacturer founded in 1886 and headquartered in Bury St Edmunds, Suffolk. The company designs, processes, and supplies natural extracts, flavor systems, and aroma chemicals to global beverage, flavor, and fragrance manufacturers across more than 90 countries. Its product portfolio spans citrus, botanicals, tea, coffee, fruits, vegetables, and High Impact Aroma Chemicals, organized around proprietary processing technologies including Treattarome® (launched 1996/97 for water-soluble extracts and sugar reduction), TreattClear citrus extracts, TreattSweets natural sugar reduction solutions, and fractional distillation capabilities. Treatt transforms over 3,000 raw ingredients into customer-specific solutions, with branded sub-products targeting RTD beverages, carbonates, energy drinks, juices, kombucha, healthy sodas, sports drinks, beer, spirits, low/no alcohol alternatives, and fragrance applications. Manufacturing is anchored at the UK headquarters (consolidated under one roof in a state-of-the-art facility opened in 2021) and at a US facility in Lakeland, Florida, positioned in the US citrus belt, with a Wholly Owned Foreign Enterprise in Shanghai, China established in 2021.

The business operates a B2B direct-sales model: Treatt engages global brand customers and flavor houses through partnership-based relationships, technical collaboration, and innovation workshops, with pricing negotiated per-customer and per-product based on volume, specification, and relationship terms. Distribution is primarily direct, with a December 2025 appointment of IMCD as the official distributor for South-East Asia supplementing owned channels. Revenue is generated from one-time product sales of ingredients and extracts rather than licensing or subscription. FY2021 demonstrated 41.3% profit-before-tax growth with gross margin expansion of 480 basis points, and over 96% of revenue was generated from higher-margin natural and clean-label products. However, FY2025 H2 showed a 12% revenue decline to £132.5 million with gross margin compression of 3.4 percentage points to 25.9%, driven by elevated citrus raw material costs and softer consumer demand.

Treatt is currently the subject of a recommended £183 million cash acquisition by Döhler Finance Management B.V. at 305p per share — a 48% premium to the pre-announcement closing price, structured as a court-sanctioned scheme of arrangement targeting Q3 2026 completion. Döhler, already Treatt's largest shareholder with approximately 28% pre-deal, cited complementary portfolios and cross-selling opportunities as strategic drivers. The deal secured 91.85% shareholder approval and Irish regulatory clearance. Leadership is in transition: Manprit Randhawa serves as permanent CFO and Interim Group Managing Director following the January 2026 CEO departure, with a permanent CEO search ongoing.

Name

Treatt

Legal name

Treatt plc

Website

https://treatt.com

Company type

Public

Founded year

1886

Operating status

Operating

Headcount range

251–500 employees

Short description

Treatt plc is a UK-listed natural extracts and ingredients manufacturer founded in 1886, supplying citrus, botanical, tea, coffee, fruit, vegetable, and aroma chemical ingredients to global beverage, flavor, and fragrance manufacturers across more than 90 countries.

Ownership category

akta.pro rank

Product category

Flavor and Fragrance Ingredients

NAICS

Spice and Extract Manufacturing (311942), Flavoring Syrup and Concentrate Manufacturing (311930), Coffee and Tea Manufacturing (311920), Flavoring Syrup and Concentrate Manufacturing (31193)

SIC

Miscellaneous Chemical Products (2890), Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics (2840), Food And Kindred Products (2000), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030)

akta.pro primary industry

Flavors, Fragrances & Aroma Chemicals (IMAEABAE)

akta.pro secondary industries

Natural Extracts & Essential Oils (Botanical/Citrus/Herb/Spice Extracts) (AFAJADAB), Natural Extracts & Botanical Concentrates for Beverages (herbal, spice, aromatic extracts) (AFAFAGAJ), Instant Tea, Tea Extracts & Concentrates Manufacturing (AFAFADAH), Aroma Chemicals & Synthetic Flavor Ingredients (e.g., Vanillin, Esters, Aldehydes) (AFAJADAC)

Keywords

• Natural flavor extracts
• Fragrance ingredients
• Beverage ingredients
• Citrus extracts
• Aroma chemicals

Headquarters

HQ city

Ipswich

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Natural Extracts and Ingredients Sales: Treatt manufactures and sells natural extracts, ingredients, and flavor systems to global beverage, flavor, and fragrance companies. Revenue is generated through direct product sales of ingredients including citrus, botanicals, tea, coffee, fruits, vegetables, chemicals, and specialized aroma compounds.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Treatt manufactures and supplies natural extracts, ingredients, and high-impact aroma chemicals to global beverage, flavor, and fragrance manufacturers. The portfolio spans citrus, botanical, tea, coffee, fruit, and vegetable extracts, plus proprietary product lines including Treattarome, TreattClear, and TreattSweets, serving customers in over 90 countries from facilities in the UK, US, and China.

Product overview

Treatt is a natural extracts and ingredients manufacturer serving the global beverage, flavour, and fragrance industries. Founded in 1886 and headquartered in Bury St Edmunds, UK, with facilities in the US (Lakeland, Florida) and China (Shanghai), the company operates a multi-product portfolio architecture. The core offering includes natural extracts organized into product categories: Botanicals, Citrus, Coffee, Chemicals (High Impact Aroma Chemicals), Fruits, Vegetables, Tea, and Sugar Reduction. Named products include Treattarome (processing technology for natural extracts), TreattClear (citrus extracts range), and TreattSweets (sugar reduction solutions). Treatt also offers capabilities including Authentic Natural Extracts, Scalable Flavor Systems, Beverage Systems, and Sweetness & Mouthfeel Solutions. The company transforms over 3,000 ingredients into solutions for customers across 90+ countries, serving beverage, flavour, and fragrance industries with products ranging from 100% natural extracts to impactful synthetics.

Differentiator

Problem solved

Functional benefit

Brands

• Treattarome: Innovative processing technology launched in 1996/97 for water-soluble beverage ingredients, including sugar reduction products and fruit extracts such as Fig Treattarome and Yuzu WONF.
• TreattClear
• TreattSweets
• Treatt Droplet

Products and services

• Treattarome Proprietary processing technology for creating water-soluble natural extracts that can be blended directly into beverage applications, including sugar reduction products and fruit extracts such as Fig Treattarome and Yuzu WONF.
• TreattClear Range of natural citrus extracts, including TreattClear Yuzu WONF, offering clear water-soluble solutions for beverage applications with consistent flavor profiles.
• TreattSweets 100% natural sugar reduction solutions offering aroma without sucrose or fructose, enabling brands to remove sugar from drinks without reducing flavor impact.
• Citrus extracts Natural citrus extracts and ingredients including orange, lemon, lime, yuzu, blood orange, and other varieties sourced globally for beverage, flavor, and fragrance applications.
• Botanical extracts 100% natural botanical extracts including herbs, spices, and florals for flavor and fragrance applications across beverage, food, and personal care.
• Tea extracts Real brewed tea extracts offering clean-label solutions from delicate white teas to full-bodied black teas, capturing delicate nuances from sustainable tea growing and harvesting.
• Coffee extracts Coffee extracts including cold brew coffee extracts and coffee grading solutions for RTD coffee and other beverage applications.
• Fruit extracts Natural fruit extracts and essences including fig, yuzu, and tropical fruits for beverage and food applications.
• Vegetable extracts Natural vegetable extracts including cucumber and jalapeno for flavoring beverages and food products.
• High Impact Aroma Chemicals (HICs) Extensive portfolio of high impact aroma chemicals manufactured in the UK and distributed globally (via exclusive partnership with Endeavour Speciality Chemicals), providing formulators with tools to deliver consistent quality and build brand loyalty.

Quantifiable outcome

• Profit growth of 41.3% to £20.9m before tax and exceptional items in FY2021
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core and major.

• IMCDcoreChannel Partner/ Reseller/ Distributor · 18 December 2025Treatt appointed IMCD as its official distributor for South-East Asia. The partnership strengthens Treatt's access to the regional market through IMCD's established distribution network serving the flavour and fragrance industry.
• Endeavour Speciality Chemicals (Robinson Brothers Ltd)coreStrategic or Co-development Partner · 23 November 2021Renewed long-term supply agreement with Endeavour Speciality Chemicals as exclusive global distributor of High Impact Aroma Chemicals to the global flavour and fragrance industry. The partnership spanning almost 30 years has grown to become the global leader in supply of high impact chemicals. Both are independent, specialist European ingredients companies providing formulators with tools to deliver consistent quality.
• F.G.F TrapanimajorStrategic or Co-development Partner · 15 June 2021Treatt and F.G.F Trapani partnership for South American lemon oil supply. Treatt joined SAI Platform in collaboration with F.G.F Trapani to expand sustainable best practices into Argentina and Peru. The partnership supports customers' sustainability requirements through instilling best farm practice.
• Sustainable Agriculture Initiative (SAI) PlatformmajorStrategic or Co-development PartnerTreatt joined SAI Platform to expand safe and responsible agricultural practices. As a founding partner of the SAI Regenerative Agriculture Programme, Treatt supports the transition towards more sustainable and resilient agriculture. Contributed to projects including the Florida Orange Sustainability Accelerator.

Scale indicators6 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Givaudan: World's largest flavors and fragrances company serving global beverage, food, and personal care customers with natural and synthetic ingredients. Directly comparable to Treatt in serving flavor houses and CPG brands, but at materially greater scale and portfolio breadth.
• International Flavors & Fragrances (IFF): Global leader in flavors, fragrances, and food ingredients with a Health & Biosciences division overlapping Treatt's natural extracts and beverage focus. Direct competitor for global CPG accounts across beverage and flavor categories.
• Symrise: German-based flavor and fragrance manufacturer with strong beverage, sweet, and savory portfolios. Comparable to Treatt in serving global beverage and flavor customers with natural and nature-identical ingredients.
• Döhler Group: German natural ingredients producer and Treatt's acquirer at £183m, with overlapping beverage, flavor, and fruit-based ingredient portfolios. Already Treatt's largest shareholder (~28%) before the take-private, with cross-selling rationale cited as a key driver.
• Kerry Group: Irish taste and nutrition company serving beverage and food customers with flavor systems, extracts, and clean-label solutions. Comparable business model focused on natural and functional ingredients for global CPG and beverage brands.
• Sensient Technologies: US-based producer of flavors, fragrances, and natural color ingredients with a comparable focus on beverage and natural extracts. Smaller-scale competitor with overlapping technology and customer set.
• Robertet: France-based natural flavors and fragrances house with strong botanical and essential oil expertise. Closely aligned with Treatt's natural extracts positioning and family-controlled governance structure.

Broad incumbents

• Mane: French family-owned flavor and fragrance manufacturer with broad portfolio spanning beverage, food, fine fragrance, and personal care. Overlaps with Treatt in natural extracts but operates at larger scale and wider category scope.
• Takasago International Corporation: Japanese flavor and fragrance manufacturer with significant Asia-Pacific presence. Comparable in serving beverage and flavor customers with natural and synthetic ingredients, but with stronger Asian distribution than Treatt.

Regional players

• T. Hasegawa: Japan-focused flavor manufacturer with growing international presence. Competes with Treatt in natural and specialty flavor extracts but primarily serves Asian markets and Japanese beverage customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/treattworld
• LinkedInlinkedin.com/company/treatt

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Treatt