On August 19, 2025, flavor and fragrance company Turpaz Industries published its financial results for the first half of 2025. The company’s sales grew by 44.3%, reaching a record of $123.8 million.
According to the report, the company’s gross profit reached a record of $48.2 million, an increase by 48.5% compared to the same period last year. The taste segment grew by 52.7%, and the fragrance segment grew by 5.2%. Finally, net profit surged by over 50% to $10.6 million at the end of the first half of the year.
Since the beginning of the year, Turpaz has completed five acquisitions in the United Kingdom, Belgium, Poland, France and India to expand its geographical presence and strengthen existing operations. The company attributes the strong growth in the first half of the year to its acquisitions and organic sales growth.
“I am pleased to present an excellent half-year and quarter with record results and continued growth in both revenue and profitability,” said chief executive officer Karen Cohen Khazon. “The strong growth trend is intensifying in the third quarter of 2025, and we estimate that the annual sales run rate will reach one billion NIS. These achievements are the result of the successful implementation of the group’s growth strategy, which combines strong organic growth with mergers and acquisitions, while leveraging the synergies among the group’s companies.”
