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Turpaz acquires Attractive Scent for fragrance expansion

Jul 14, 2025•19 days ago

Acquiring Company

Turpaz Industries

Acquired Company

Attractive Scent

HolonSaint-Cézaire-sur-SiagneManufacturingCosmeticsBeautyFashion

Description

Turpaz Industries Ltd. has successfully acquired a 68.6% controlling stake in Attractive Scent SAS for EUR 27.4 million. This strategic acquisition aims to bolster Turpaz's presence in the global fragrance industry and enhance its operations. Attractive Scent's expertise will complement Turpaz's capabilities, allowing for accelerated entry into luxury markets. The founders of Attractive Scent will remain involved in its leadership post-acquisition.

Company Information

Company

Turpaz Industries

Location

Holon, Tel-Aviv District, Israel

About

Turpaz Industries Ltd. is an international company that develops, manufactures, and markets flavors, fragrances, and specialty fine ingredients, with a focus on natural, innovative, and high value-added products for the food, beverage, perfumery, and personal care industries. The company develops, produces, markets and sells products to more than 3,500 customers in more than 65 countries across the world, and continues to expand its global presence in key markets across Europe, the Americas, Asia, and the Middle East.

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M&A Insights

Based on deal data
Integration timeline
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Tech stack consolidation
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Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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