Turpaz Industries Ltd

Turpaz Industries Ltd is an Israeli public company engaged in the development, manufacture and sale of natural and synthetic flavor and fragrance extracts for the cosmetics, toiletries and personal care industry and for the food and beverage industry, as well as the development, manufacture and sale of intermediates and raw materials for the pharmaceutical industry. The company was founded in February 2011 as a private company named Bakhaf Perfume Extracts Ltd, whose principal owners were Keren Cohen-Hazon, Israel Leshem, Ilan Levita and Alon Granot. Nurit Buxbaum served as CEO, and in 2016 Keren Cohen-Hazon was appointed CEO. In January 2021 the company changed its name to its current form, Turpaz Industries Ltd. In May 2021 its shares were listed on the Tel Aviv Stock Exchange and it became a public company. The company operates in several areas. In fragrances, it produces natural and synthetic fragrance extracts for perfumes and for the cosmetics, toiletries, detergents, wipes, candles and ambient scenting industries, including for hotels and the home market. In flavors, it produces sweet and savory, natural and synthetic flavor extracts and spice blends used mainly in the food, beverage and nutritional supplement industries. Through its subsidiary Chemda'at Industries Ltd, it produces chemicals used as raw materials and intermediates in the pharmaceutical industry, and develops, manufactures and sells unique raw materials for various industries, with emphasis on flavor and fragrance, crop protection, polymers and catalysts. The company pursues a strategy combining organic growth with strategic acquisitions of activities adjacent to its own. This strategy has been expressed in significant acquisitions of companies in Israel and worldwide. In 2022, for example, the company acquired Balirum, Pentaor and Klavin. In March 2024 it acquired the Belgian-German company Clarys & Willich for $47.7 million. In September 2025 it signed an agreement to acquire 60% of the shares of the South African flavors company Nicola-J for $6.8 million. In May 2026 the company acquired the American company Phoenix Flavors & Fragrances for $95 million, plus $5 million contingent on meeting targets. Later that month it acquired 70% of the French fragrance company Romessence for approximately €22.6 million. The controlling shareholder is Keren Cohen-Hazon, who holds approximately 44.31% of the shares. Additional interested parties are Nurit and Israel Leshem, who hold 14.64% of the company's shares.

Turpaz Industries Ltd was founded in February 2011 as a private company named Bakhaf Perfume Extracts Ltd. Its principal owners were Keren Cohen-Hazon, Israel Leshem, Ilan Levita and Alon Granot. Nurit Buxbaum served as CEO. In 2016, Keren Cohen-Hazon was appointed CEO. In January 2021, the company changed its name to Turpaz Industries Ltd. In May 2021, its shares were listed on the Tel Aviv Stock Exchange, making it a public company. The company operates in four main areas: fragrances (natural and synthetic fragrance extracts for perfumes, cosmetics, toiletries, detergents, wipes, candles, and ambient scenting for hotels and the home market); flavors (sweet and savory, natural and synthetic flavor extracts and spice blends for food, beverages and nutritional supplements); pharmaceutical intermediates (through subsidiary Chemda'at Industries Ltd, producing chemicals used as raw materials and intermediates in the pharmaceutical industry); and unique raw materials (through Chemda'at, developing, manufacturing and selling unique raw materials for various industries, with emphasis on flavor and fragrance, crop protection, polymers and catalysts). The company pursues a strategy combining organic growth with strategic acquisitions of activities adjacent to its own. This has been expressed in significant acquisitions in Israel and worldwide. In 2022, it acquired Balirum, Pentaor and Klavin. In March 2024, it acquired the Belgian-German company Clarys & Willich for $47.7 million. In September 2025, it signed an agreement to acquire 60% of the South African flavors company Nicola-J for $6.8 million. In May 2026, it acquired the American company Phoenix Flavors & Fragrances for $95 million, plus $5 million contingent on meeting targets. Later that month, it acquired 70% of the French fragrance company Romessence for approximately €22.6 million. The controlling shareholder is Keren Cohen-Hazon, holding approximately 44.31% of the shares. Additional interested parties are Nurit and Israel Leshem, holding 14.64% of the shares.

• Founded as Bakhaf Perfume Extracts Ltd

• Keren Cohen-Hazon appointed CEO

• Company renamed Turpaz Industries Ltd

• Listed on the Tel Aviv Stock Exchange

• Acquired Balirum, Pentaor and Klavin

• Acquired Clarys & Willich for $47.7 million

• Signed agreement to acquire 60% of Nicola-J for $6.8 million

• Acquired Phoenix Flavors & Fragrances for $95 million

• Acquired 70% of Romessence for ~€22.6 million

A global player in flavors and fragrances, combining organic growth with strategic acquisitions.

• Fragrance extracts

  Natural and synthetic fragrance extracts for perfumes, cosmetics, toiletries, detergents, wipes, candles, and ambient scenting.

• Flavor extracts

  Sweet and savory, natural and synthetic flavor extracts and spice blends for food, beverages and nutritional supplements.

• Pharmaceutical intermediates

  Chemicals used as raw materials and intermediates in the pharmaceutical industry, produced by subsidiary Chemda'at Industries Ltd.

• Unique raw materials

  Developed, manufactured and sold for various industries, with emphasis on flavor and fragrance, crop protection, polymers and catalysts.

1. 1Turpaz | Hometurpaz.co.il
2. 2Turpaz | Company Profileturpaz.co.il
3. 3Turpaz Industries Ltd - Wikidatawikidata.org
4. 4תורפז תעשיות - Wikipedia (Hebrew)he.wikipedia.org