M&A Deal Summary

Turpaz Industries Acquires Nicola-J

On October 1, 2025, Turpaz Industries acquired chemicals company Nicola-J for 7M USD

Acquisition Highlights
  • This is Turpaz Industries’ 2nd transaction in the Chemicals sector.
  • This is Turpaz Industries’ 4th largest (disclosed) transaction.
  • This is Turpaz Industries’ 1st transaction in South Africa.

M&A Deal Summary

Date 2025-10-01
Target Nicola-J
Sector Chemicals
Buyer(s) Turpaz Industries
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

Nicola-J

Midrand, South Africa
Nicola-J is engaged in the development, production and marketing of sweet and savory flavors, colorants, essential oils and botanical extracts for the food and beverage industry. Nicola-J was founded in 1997 and is based in Midrand, South Africa.

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Buyer(S) 1

Buyer

Turpaz Industries

Holon, Israel

Category Company
Founded 2011
Sector Chemicals
Employees960
Revenue 189M ILS (2024)
DESCRIPTION

Turpaz Industries developes, produces, markets, and sells scent extracts used in the production of cosmetics and toiletries, personal care products, and atmospheric application; flavor extracts used in food and beverage production; unique intermediates for pharmaceutical industry and unique raw materials for the agro and fine chemical industry; and citrus products and aroma chemicals for the flavor and fragrance industry. The group has a wide and diverse portfolio of products, the result of in-house development and manufacture. It develops, manufactures, markets, and sells products to more than 2,000 customers in over 30 countries around the world and operates 13 production sites that include research and development centers, laboratories, and sales, marketing, and regulatory offices in Israel, the USA, Poland, Belgium, Vietnam, Latvia and Romania. Turpaz Industries was founded in 2011 and is based in Holon, Israel.


DEAL STATS #
Overall 7 of 7
Sector: Chemicals M&A 2 of 2
Type: Add-on Acquisition M&A Deals 5 of 5
Country: South Africa M&A 1 of 1
Year: 2025 M&A 3 of 3
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-14 Attractive Scent

Nice, France

Attractive Scent develops, manufactures, and markets fragrance extracts for the Fine fragrances industry, as well as for personal care products, cosmetics, air care products, and candles. Attractive Scent was founded in 2018 and is based in Nice, France.

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