Torpaz Reports 42% Sales Growth in Q2 2026 Driven by Acquisitions and Organic Expansion

Torpaz, a flavor and fragrance extracts company serving the food and cosmetics industries, reported significant revenue and profit growth in the second quarter of 2026. The company, controlled and managed by Cohen Vision Fund, posted sales of $90.2 million in Q2, marking a 42.3% increase compared to the same period in 2025. This growth was fueled by both the inclusion of recently acquired companies and organic expansion.

Despite the revenue surge, Torpaz's EBITDA margin slightly declined to 22.9% from 23.1% year-over-year, primarily due to higher intangible depreciation expenses linked to acquisitions. However, the operating cash profit (EBITDA) rose by 34.6% to $20.6 million. Net profit also improved substantially by 56%, reaching $11.7 million. The gross profit margin increased to 41.5% from 39%, attributed to efficiency measures and enhanced synergies among group companies.

Cohen Vision highlighted that Torpaz continues to deliver record results and double-digit growth both in Q2 and the first half of 2026. The fund emphasized that the results reflect a combination of organic growth, acquisitions, integration of acquired firms, and realization of synergies. The acquisitions made during 2025 strengthened the group's management, R&D, operations, marketing, sales, and geographic reach, enabling accelerated growth through strategic purchases and organic development.