spherefunding Investment Management

Treatt is a UK-based manufacturer of natural extracts and ingredients to consumer products (especially beverages). It specialises in extracting flavours from citrus, coffee, tea, fruits, and vegetables. We have been shareholders in Treatt for over ten years now and the company has significantly strengthened its technical expertise over this period.

It recently completed its planned capacity expansion in the United States and relocated its UK manufacturing too. The company has a customer base of multinationals and is well positioned to capitalise on secular consumer trends such as lower sugar and preference for natural (over artificial) flavourings. We believe, trend is the company’s friend.

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