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In the 1950s, the time when the industrialization had just started to develop in Turkey, Vehbi Koç the founder of the Koç Holding, was in search of a product that would provide foreign currency to Turkey. Considering the conditions of Turkey in those years, he had already made an association with a factory named Bejerano to make investment in sauce and canning factory by making use of Bejerano's experience in this sector. As a result of this partnership, a company was founded in 1954; named Beko and was registered with the first two letters of Bejerano and Koç. However, the company could not begin operating because of the current situation in Turkey.

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