Becel is owned by KKR (the United States, NYSE: KKR) through its subsidiary Upfield, which acquired the brand on 2 July 2018 from Unilever, as part of a €6.83 billion deal that also included Flora, Country Crock and 4 others.[1] Before Upfield, Becel was owned by Unilever from 1960 to 2018.[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Becel was developed in the Netherlands in 1960 in collaboration with cardiologists, and its name comes from blood cholesterol lowering. It is sold as Flora in some markets and Becel in others, the same product under two names split by geography.
KKR is a private-equity firm headquartered in New York, United States, founded in 1976. Brandtree records 12 brands under its control, and it is listed as NYSE: KKR.
KKR was founded in 1976 and effectively invented the leveraged buyout as a large-scale business, most famously with its 1988 takeover of RJR Nabisco. Its consumer holdings are held through funds rather than permanently, so brands under its control are expected to be sold within several years.
Brandtree records a controlling owner for 63 brands that began in the Netherlands.
36 of them (57%) are now controlled by a company headquartered in another country, Becel among them.
Unilever sold its spreads business to KKR, which established it as a standalone company named Upfield. Unilever had been trying to exit margarine for years as consumption declined, and the sale followed its rejection of a takeover approach from Kraft Heinz that had prompted a strategic review.
The parent company of Becel is KKR, a private-equity firm headquartered in the United States. Becel sits under KKR's subsidiary Upfield.
Is Becel Dutch or American?
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Becel originated in the Netherlands in 1960, but it is owned today by KKR, which is headquartered in the United States. So Becel is a Dutch-origin brand under American ownership.
When did KKR buy Becel?
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KKR completed its acquisition of Becel on 2 July 2018, after announcing the deal on 15 December 2017. The deal, which also included Flora and Country Crock and 4 others, was valued at €6.83 billion (enterprise value).
Who owned Becel before KKR?
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Before KKR, Becel was owned by Unilever from 1960 until 2018.
Is Becel still owned by KKR?
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Yes. As of 25 September 2026, Becel is still owned by KKR. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
[1]Upfield — our brands — Upfield Holdings B.V., Official document; retrieved 23 October 2026.
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