Turpaz Industries

Turpaz acquires South Africa’s Sensory FX to enter the country’s fragrance market. The move supports Turpaz’s strategy to develop an integrated regional flavor and fragrance platform across Africa. This acquisition marks the company’s first direct presence in South Africa’s fragrance industry.

Nov 2026PR NewswireNews article

SK Capital Partners sells Phoenix Flavors & Fragrances to Turpaz Industries, a global developer of specialty fragrance, flavor, and natural ingredient solutions. The transaction marks the exit of Phoenix, a company operating in the material sciences and specialty ingredients sector. Turpaz Industries, listed on the Tel Aviv Stock Exchange (TLV: TRPZ), expands its portfolio with the acquisition.

May 2026SK CapitalNews article

Turpaz Industries acquires Phoenix, a U.S.-based flavor and fragrance company, for $95 million. The deal expands Turpaz’s U.S. operational footprint, integrating Phoenix with its existing Klabin operations. The combination aims to create operational synergies and strengthen Turpaz’s position in the flavor and fragrance sector.

May 2026PR NewswireNews article

Turpaz expands its UK presence by acquiring AFS, creating two specialized branches: one for **food and beverage flavors** and another for **vaping flavors**. The move follows its 2024 acquisition of F&E, a developer and producer of flavor extracts. This transaction strengthens Turpaz’s global growth strategy in the British market.

Feb 2025PR NewswireNews article