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Upfield B.V. is a London-based spreads business, formerly part of Unilever, making margarine and plant-based spreads such as Flora.
Based in London, UK, the spreads business operates in 66 countries under brands including Flora, Country Crock, Rama, Becel, Blue Band, ProActiv and I Can't Believe It's Not Butter. It makes margarine, plant butter and plant cream. In fiscal 2016 it reported revenue of EUR 3,032 million and EBITDA of EUR 680 million. KKR, a global investment firm, bought the business from Unilever in July 2018 for EUR 6.825 billion on a cash-and-debt-free basis.
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