Turpaz Industries

Specialized Products and Raw Materials for the Flavors and Fragrances Industry

Agriculture & Food Technologies
Public on TASE on May, 2021

Company Overview

Snapshot

Founded in January 2017, Turpaz Industries operates with 11–50 employees. The company has raised a total of $159 million across two funding rounds. A significant milestone for Turpaz Industries was its acquisition of the U.S. flavor and fragrance company Phoenix for $95 million in May 2026, demonstrating its ongoing global expansion strategy.

Business overview

Turpaz Group is an Israeli company that develops, manufactures, and supplies fragrances, flavors, and specialty ingredients. The company integrates operations across aroma chemicals, citrus processing, and intermediates production. Turpaz Industries serves the food, beverage, cosmetics, and household product industries through its global subsidiaries, emphasizing sustainability and resource-efficient manufacturing. It 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.

Strategic signal

In May 2026, Turpaz Industries acquired the U.S. flavor and fragrance company Phoenix for $95 million. This acquisition signifies Turpaz's aggressive global M&A strategy and its commitment to scaling its presence in key international markets, particularly North America. For investors, this indicates a strong growth trajectory driven by strategic consolidation and market expansion.

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.
When did Turpaz Industries announce its Q1 2026 results?
Turpaz Industries Ltd. announced its record first quarter 2026 results on May 18, 2026.
What were Turpaz Industries' sales figures for Q3 2024?
In November 2024, Turpaz Industries reported an increase of 50.1% in sales in Q3 2024, amounting to $48.7 million.
Which company did Turpaz Industries acquire in October 2025?
In October 2025, Turpaz Industries acquired Nicola-J, strengthening its position in the flavor sector in Africa.
When did Turpaz Industries acquire the Belgian and German Clarys & Willich group?
In March 2024, Turpaz Industries acquired the Belgian and German Clarys & Willich group as part of its integrated growth strategy.

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