Clean Break: the company completely halting Russian engagements or exiting Russia

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Upfield Holdings B.V. is a Dutch food company owning multiple brands of margarine, food spreads, and plant-based foods, including Flora and Blue Band. It states that it is the largest plant-based consumer packaged goods company in the world, operating in 95 countries. Upfield was spun off from Unilever and purchased by investment firm Kohlberg Kravis Roberts in 2018 for US$8.04 billion.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Revenue(RF), mln.USD
0
Assets(RF), mln.USD
1
Staff(RF), 2021
15
The Company Statement
August 21, 2024

Received revenues in Russia in 2021-2022 but revenue dropped to 0 in 2023. According to information provided, company stopped doing business in Russia in Q1 2022. It employs no employees, have no office and no assets / revenue. Local entity remains in existence but dormant.

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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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