Turpaz Industries Acquires Belgian Flavours Manufacturer Doucy
February 27, 2025
Turpaz Industries has acquired Belgian sweet flavours manufacturer Doucy for $8.5 million, with an additional contingent payment tied to Doucy's EBITDA through March 2027. The deal includes Doucy's production facility in Fernelmont, Belgium (sales of $5 million in 2024); Turpaz said the acquisition strengthens its sweet-flavours portfolio and Western European presence and was financed with bank debt.
- Buyers
- Turpaz Industries
- Targets
- Doucy
- Industry
- Food & Beverage
- Location
- Namur, Belgium
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.