Brandtree

Who owns Rama?

Rama is owned by KKR (the United States, NYSE: KKR) through its subsidiary Upfield, which acquired the brand on 2 July 2018 from Unilever.[1][1] Before KKR, Rama was owned by Unilever from 1924 to 2018.[1]

This ownership is reported in official statements but has not yet been matched to a regulatory filing.

Key facts

Current owner
KKR & Co. Inc. via Upfield reported
Owned since
· deal details
Acquisition price
€6.83 billion (enterprise value)
Previous owner
Unilever (1924–2018)
Owner HQ
🇺🇸 United States, New York
Origin
🇩🇪 Germany
Founded
1924
Category
FoodDairy & alternativesButter
Parent ticker
NYSE: KKR
Last verified
· 1 sources

About Rama

Rama is the largest margarine brand in Germany and has been sold since 1924. Its long-running advertising was built around a family breakfast table, and the brand is a fixture in German, Austrian and central European households.

Ownership timeline of Rama

Owners of Rama from 1924 to 2026 Unilever 1924–2018; KKR 2018–present Unilever KKR 19401960198020002020
  1. 1924 – 2018 Unilever sold 2 July 2018 [1] reported
  2. 2018 – present KKR via Upfield acquired 2 July 2018 [1][1] reported

Where Rama sits in KKR

Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.

Where Rama sits in KKR Tree of 12 brands under KKR. KKR Upfield Rama Becel Blue Band Country Crock Flora I Can't Believe It's Not B… and 2 more Wella Company 60% ghd Nioxin OPI Wella Professionals

Open the full KKR ownership tree →

Other brands owned by KKR in food

See the full KKR brand portfolio (12) →

Deals involving Rama

Divestiture closed

KKR acquires Flora, Becel, Country Crock, I Can't Believe It's Not Butter!, Rama, Blue Band and ProActiv

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.

Value
€6.83bn
Buyer
KKR
Seller
Unilever
Regulatory
None recorded

Latest news about Rama

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Frequently asked questions

Who is the parent company of Rama?

The parent company of Rama is KKR, a private-equity firm headquartered in the United States. Rama sits under KKR's subsidiary Upfield.

Is Rama German or American?

Rama originated in Germany in 1924, but it is owned today by KKR, which is headquartered in the United States. So Rama is a German-origin brand under American ownership.

When did KKR buy Rama?

KKR completed its acquisition of Rama on 2 July 2018, after announcing the deal on 15 December 2017.

Who owned Rama before KKR?

Before KKR, Rama was owned by Unilever from 1924 until 2018.

Is Rama still owned by KKR?

Yes. As of 6 September 2026, Rama 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. [1] Upfield — our brands — Upfield Holdings B.V., Official document; retrieved 6 September 2026.

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