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Record results for Turpaz Industries group in revenues, gross profit and EBITDA in the first quarter of 2024

The group s sales grew by 26.2% and amounted to a record 39 million dollars with an adjusted EBITDA rate of 21.5%, which is one of the highest in the industry in which the group operates
Sales in. ....

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Turpaz continues the integrated growth strategy and acquires the Belgian and German Clarys & Willich group. This is a second strategic purchase for Turpaz Industries since the beginning of 2024

After the two acquisitions, on a proforma basis for 2023, Turpaz sales total 194.3 million dollars, and the adjusted EBITDA for 2023 is 40.1 million dollars
HOLON, Israel , March 28, 2024. ....

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Turpaz unit buys Belgian-German flavors company

Turpaz Industries subsidiary Food Ingredients Technologies will pay $47.7 million for Clarys & Willich Group. The sellers will invest $20.6 million back in the buyer. ....

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