Turpaz Industries

The company has a broad customer base across Europe, particularly in the beverage sector.

Turpaz Acquires Carotex, Strengthens Position in F&F in Europe

Carotex develops, markets and manufactures flavors and fragrances for a variety of industries, including food and beverage, personal care, air care and cosmetics.

CEO Karen Cohen Khazon shared, 'We are committed to continuing global expansion, while maintaining strong cash flow and stable funding sources.'

Turpaz Reports Double-Digit Revenue Growth in 2024

According to the report, Turpaz sales jumped 65% in the fourth quarter to a record $55 million.

The transaction includes the acquisition of Doucy’s state-of-the-art plant in the Benelux region.

Turpaz Acquires Sweet Flavors Company Doucy

Founded in 1968, Doucy is a manufacturer of sweet flavors for food and beverages, as well as colors and additives for the animal feed industry.

Since the beginning of 2024, Turpaz has made four strategic acquisitions in both the flavor and fragrance areas.

Turpaz Reports Q3 2024 Sales Results

Company officials attribute the sales growth to the group's core activity and its strategic acquisitions.

The purchase is said to be a continuation of Turpaz's international expansion strategy and is designed to strengthen its position in the field of sweet flavors in Western Europe.

Turpaz Acquires German Flavor Company Schumann

Schumann & Sohn GmbH specializes in sweet flavor solutions for its customers in Western Europe.

The acquisition of F&E is said to be Turpaz's eleventh acquisition since its issuance.

Turpaz Acquires British Flavor Company F&E for £22 million

The acquisition of F&E is said to be Turpaz's eleventh acquisition since its issuance.