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Natara Global: Based in Hartlepool, England, with manufacturing sites in the U.K., U.S., and China.
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Treatt PLC: A U.K.-based supplier of natural extracts and ingredients, particularly for the beverage sector.
Treatt’s board, advised by Peel Hunt Ltd. and Investec PLC, has deemed the offer fair and reasonable and will unanimously recommend shareholder approval.
The companies expect to complete the transaction before the end of the year, subject to regulatory clearances in the U.K., U.S., Austria, and Ireland.