Turpaz Industries

Specialized Products and Raw Materials for the Flavors and Fragrances Industry

Agriculture & Food Technologies
Active
Public Holon Founded 2017
Total raised
$159.0M
Stage
Public
Founded
2017
Headcount
42
HQ
Holon
Sector
Agriculture & Food Technologies

About

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. The company serves the food, beverage, cosmetics, and household product industries through global subsidiaries and emphasizes sustainability and resource-efficient manufacturing.

Turpaz Industries was founded after the merge of Turpaz Perfume and Flavor Extracts.

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When did Turpaz Industries become a public company and on which exchange?
Turpaz Industries became public on the TASE in May 2021, with a valuation of $262 million.
What was Turpaz Industries' most recent acquisition and its value?
In October 2025, Turpaz Industries acquired Nicola-J, strengthening its position in the flavor sector in Africa. The acquisition amount was $6.8 million.
What was a significant acquisition made by Turpaz Industries in the US in May 2026?
In May 2026, Turpaz Industries acquired the U.S. flavor and fragrance company Phoenix Flavors & Fragrances for $95 million.
What was a key strategic acquisition for Turpaz Industries in Europe in July 2025?
In July 2025, Turpaz Industries made a strategic acquisition in the fragrance segment in Grasse, South of France, which is a global center for the perfume industry.
What was Turpaz Industries' second strategic acquisition in 2024?
In March 2024, Turpaz Industries acquired the Belgian and German Clarys & Willich group, marking its second strategic purchase of the year.
What was Turpaz Industries' acquisition in the sweet flavors sector in Europe in February 2025?
In February 2025, Turpaz Industries acquired its first sweet flavors company in Benelux, the Belgian company Doucy, for $8.5 million.
What was Turpaz Industries' acquisition in North America in September 2022?
In September 2022, Turpaz Industries signed an agreement to acquire control in Klabin Fragrances for $24.3 million, strengthening its presence in North America in fragrance extracts.
What was Turpaz Industries' acquisition in Romania in October 2022?
In October 2022, Turpaz Industries signed an agreement to acquire control of Aromatique Food in Romania, expanding its geographical presence in Europe in savory flavor mixtures.

Sectors & technology

Primary sector
Agriculture & Food Technologies
Sub-sectors
Agriculture & Food TechnologiesFood TechNovel Food & IngredientsIndustrial TechnologiesMaterial Innovations & Applications
Technologies
Materials & SubstancesRaw Materials
Target customers
Healthcare & Life SciencesLife SciencesCosmeticsIndustrial ManufacturingHybrid IndustriesFood & Beverages
Business model
B2B

Tags

materialsfood-ingredientsfoodtech