M&A Deal Summary |
|
|---|---|
| Date | 2024-09-02 |
| Target | Flavors and Essences |
| Sector | Chemicals |
| Buyer(s) | Turpaz Industries |
| Deal Type | Divestiture |
| Deal Value | 22M GBP |
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| Category | Company |
|---|---|
| Founded | 2011 |
| Sector | Chemicals |
| Employees | 800 |
| Revenue | 127M ILS (2023) |
Turpaz through its subsidiaries provides the development, production, marketing, and sales of 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 | 3 of 3 |
| Sector (Chemicals) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United Kingdom) | 1 of 1 |
| Year (2024) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-28 |
Clarys Food Ingedrients
Oostkamp, Belgium Clarys Food Ingedrients is engaged in savory flavors, functional solutions and unique raw materials for the meat and baking sector. Clarys Food Ingedrients is based in Oostkamp, Belgium. |
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