Upfield is a global leader in plant-based margarine spreads and cooking solutions.
It was acquired through a co-investment with KKR from Unilever for EUR 7.1 billion in 2018. Sienna Capital invested EUR 250 million in this transaction representing a 3.7% stake. It is Sienna Capital's lastest transaction and first co-investment.
Value of investment
EUR 250 million (31/10/2018)