Turpaz Industries Ltd., a global company for the development, production and marketing of flavor and fragrance compounds, pharma intermediates and raw materials with high added value, marketed in over 30 countries worldwide, successfully completed an IPO on the Tel Aviv Stock Exchange in May 2021.
Turpaz specializes in the development, production and marketing of natural and synthetic, sweet and savory flavors for the food, beverage and confectionery industries and fragrance compounds for toiletries, cosmetics, ambient scents and detergents. The Company has a broad and varied portfolio of products, with the ability to develop and customize for customers.
Turpaz develops, produces and markets unique raw materials with high added value for the pharma and agro industries, and for aroma chemicals companies. Over the years, Turpaz has achieved a leading business and competitive position in the primary markets worldwide, through the creation of development and production infrastructures and a marketing and sales system around the world, focused mainly in Europe, North America and Southeast Asia. Turpaz began to position itself globally in 2016 through the acquisition of various flavor and fragrance companies in countries around the world.
The Company’s business strategy includes the successful and methodical implementation of strategic acquisitions in different regions of the world, while leveraging the synergies inherent in the acquired activities, integrating them into the group, and improving them. This is reflected in the Company’s organic growth at a double-digit rate, which is higher than global market growth.