UK's Treatt hits one-year high after agreeing to $247 million takeover deal

Treatt

29/04/2026 08:45

** Shares of Treatt TET.L surge 45.7% to 299.5p - highest since April 2025

** Co, which makes food ingredients, agrees to a 305 pence per share takeover bid from Germany-headquartered Dohler, valuing it at about 183 million pounds ($247.05 million)

** Separately, Treatt also reported a 6.5% fall in half-year revenue and an 18.1% drop in adjusted EBITDA

** TET has risen about 47% YTD

($1 = 0.7407 pounds)

 (Reporting by Yamini Kalia in Bengaluru)

 ((Yamini.Kalia@thomsonreuters.com))