Turpaz Industries

Specialized Products and Raw Materials for the Flavors and Fragrances Industry

Agriculture & Food Technologies
Public on TASE on May, 2021
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Company Overview

Snapshot

Founded in January 2017, Turpaz Industries operates with 11–50 employees and has raised a total of $159 million across two funding rounds. The company went public on TASE in May 2021, marking a significant milestone in its growth trajectory.

Business overview

Turpaz Group is an Israeli company specializing in the development, manufacturing, and supply of fragrances, flavors, and specialty ingredients. The company integrates operations across aroma chemicals, citrus processing, and intermediates production. It serves the food, beverage, cosmetics, and household product industries through its global subsidiaries, with a focus on sustainability and resource-efficient manufacturing. Turpaz Industries operates within the Agriculture & Food Technologies sector, specifically in Food Tech and Novel Food & Ingredients, as well as Industrial Technologies, focusing on Material Innovations & Applications and Raw Materials.

Strategic signal

In May 2026, Turpaz Industries acquired the U.S. flavor and fragrance company Phoenix for $95 million. This acquisition demonstrates Turpaz's aggressive global M&A strategy and its commitment to scaling its operations, particularly in the North American market, signaling a strong focus on international expansion and market consolidation to investors.

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Company Intelligence Q&A

What was Turpaz Industries' most recent acquisition?
In May 2026, Turpaz Industries acquired the U.S. flavor and fragrance company Phoenix for $95 million, as part of its global M&A strategy.
What were Turpaz Industries' financial results for Q1 2026?
Turpaz Industries Ltd. announced record first-quarter 2026 results in May 2026, continuing its strong financial performance.
What was a key strategic move for Turpaz Industries in October 2025?
In October 2025, Turpaz acquired Nicola-J, strengthening its position in the flavor sector in Africa. This was the sixth acquisition for the company since the beginning of 2025.
What was Turpaz Industries' sales growth in Q3 2024?
In November 2024, Turpaz Industries showed an increase of 50.1% in sales in Q3 2024, which amounted to $48.7 million.
When did Turpaz Industries acquire the German flavor company Schumann?
Turpaz Industries acquired the German flavor company Schumann in November 2024, further expanding its presence in the European market.
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