Turpaz Industries acquired Polish flavor and fragrance company Carotex, strengthening its position in Europe.WHO: Carotex, founded in 1989, operates in the field of flavors and fragrances in Poland. In the fragrances segment, Carotex develops, manufactures, and markets fragrances for the personal care, cosmetics, toiletries, air care, and detergent industries. Carotex, which employs 31 people, has a broad customer base across Europe, particularly in Poland.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 over 65 countries worldwide, continuing to expand its global presence in key markets across Europe, the Americas, Asia, and the Middle East.WHY: The deal strengthens Turpaz's position in the flavor and fragrance sector in Europe.IN THEIR OWN WORDS: Karen Cohen Khazon, Chairperson and CEO of Turpaz, stated, "We are pleased to welcome Carotex to the Turpaz group. The acquisition of Carotex's operations marks a strategic step in Turpaz's expansion within the European flavor and fragrance market. Carotex synergistically complements Pollena's operations, and the integration in the segment of sweet flavors and innovative solutions for the food and beverage industries, as well as in the fragrance segment, will enable Turpaz to achieve operational efficiencies and expand its customer and product portfolio.