Turpaz acquires British flavor company F&E for £22 million, continuing its expansion strategy
Acquiring Company
Turpaz Industries Ltd
Acquired Company
International Flavors & Fragrances
Holon
New YorkManufacturingFood and BeverageManufacturingBiotechnologyFood and BeverageDescription
Turpaz Industries Ltd., a global leader in the flavor and fragrance industry, has completed the strategic acquisition of Flavors and Essences UK Limited (F&E) for £22 million. This acquisition marks Turpaz's 11th strategic purchase, expanding its presence in the European market and strengthening its position in the global flavor market.
Quick answer
Turpaz Industries Ltd is acquiring International Flavors & Fragrances for $28.7 million, announced September 3, 2024. Turpaz Industries Ltd is based in Holon, Tel-Aviv District, Israel.
- How much did Turpaz Industries Ltd pay for International Flavors & Fragrances?
- The reported deal value is $28.7 million.
- What does Turpaz Industries Ltd do?
- Turpaz Industries Ltd. is a leading company in the field of development, production and marketing of flavor and fragrance extracts, and specialty fine ingredients.
- Where are Turpaz Industries Ltd and International Flavors & Fragrances based?
- Turpaz Industries Ltd is based in Holon, Tel-Aviv District, Israel. International Flavors & Fragrances is based in New York, New York, United States.
- Who are the decision-makers at Turpaz Industries Ltd?
- Fundz holds 1 contact at Turpaz Industries Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Actylis completes acquisition of Pharm-Rx to enhance its portfolio and capabilities (October 7, 2024)
- The Middleby Corporation completes acquisition of Emery Thompson Frozen Dessert Equipment Company (October 11, 2024)
- Lesaffre acquires majority stake in Biorigin to enhance savory ingredients offering (October 4, 2024)
- Bruker Corporation acquires Dynamic Biosensors GmbH to establish a leading Biosensors Business (October 2, 2024)
- MTD successfully completes acquisition of Pen Needles and Blood Glucose Monitoring Systems business units of Ypsomed (August 2, 2024)
- Edwards Lifesciences Completes Acquisitions of JenaValve Technology and Endotronix (July 24, 2024)
Who to call at Turpaz Industries Ltd, and when
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Frequently asked
Who acquired International Flavors & Fragrances?
International Flavors & Fragrances was acquired by Turpaz Industries Ltd, based in Holon. The deal was reported on September 3, 2024. Turpaz Industries Ltd. is a leading company in the field of development, production and marketing of flavor and fragrance extracts, and specialty fine ingredients. Turpaz Industries Ltd is privately held and operates in Manufacturing.
When did Turpaz Industries Ltd acquire International Flavors & Fragrances?
Turpaz Industries Ltd's acquisition of International Flavors & Fragrances was reported on September 3, 2024. Turpaz Industries Ltd., a global leader in the flavor and fragrance industry, has completed the strategic acquisition of Flavors and Essences UK Limited (F&E) for £22 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does International Flavors & Fragrances do?
International Flavors & Fragrances Inc. is a U.S. public company listed on the New York Stock Exchange. The company specializes in the creation of flavors and fragrances for consumer products. It is publicly traded (IFF), operating in Manufacturing, and is based in New York.
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