M/25/058 – Exponent/Treatt

Transaction details

The proposed acquisition by Exponent Private Equity (Holdings) LLP, through its portfolio company Natara Global Limited, of sole control of Treatt PLC, has been notified to the Competition and Consumer Protection Commission.

Notification date	Decision date
Monday September 15, 2025

Parties Involved	Business activities
Exponent Private Equity (Holdings) LLP	Exponent Private Equity (Holdings) LLP is an international private equity group based in the United Kingdom. It is active in the State through a variety of portfolio companies, which are involved in industries such as food, transportation, advertising and finance. Natara Global Limited is a portfolio company of Exponent Private Equity (Holdings) LLP. It is a global producer of aroma chemicals, with manufacturing sites across the UK, US and China. It is active in the State through the supply of its chemical base products.
Treatt PLC	Treat PLC is a public limited company listed on the London Stock Exchange. It produces and supplies flavour and fragrance compounds to customers at different levels of the supply chain. It is active in the State through the production and supply of its flavour and fragrance products.

Parties Involved

Business activities

Exponent Private Equity (Holdings) LLP

Exponent Private Equity (Holdings) LLP is an international private equity group based in the United Kingdom.
It is active in the State through a variety of portfolio companies, which are involved in industries such as food, transportation, advertising and finance.

Natara Global Limited is a portfolio company of Exponent Private Equity (Holdings) LLP. It is a global producer of aroma chemicals, with manufacturing sites across the UK, US and China.
It is active in the State through the supply of its chemical base products.

Treatt PLC

Treat PLC is a public limited company listed on the London Stock Exchange. It produces and supplies flavour and fragrance compounds to customers at different levels of the supply chain.
It is active in the State through the production and supply of its flavour and fragrance products.

Economic sector	Media merger
Manufacturing	No

Submissions from third parties due by:
Phase 1	Phase 2
Friday, September 26, 2025

Current status: Active
Simplified Merger Notification

Authorised Officer Assigned	Contact Details
Isabella Pandelli	isabellapandelli@ccpc.ie
Leo Hopkins	leohopkins@ccpc.ie

Media enquiries: communications@ccpc.ie

Return to Merger Notifications

M/25/058 – Exponent/Treatt

Transaction details

Mergers

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