UL - Chilling Changes: Unilever To Separate Iconic Ice Cream Brands In Strategic Shake-Up | Benzinga
Consumer giant Unilever plc (NYSE:UL) plans to separate its Ice Cream business and focus on a portfolio of brands with strong positions in attractive categories with complementary operating models.
Ice Cream has a very different operating model, and as a result, the Board has decided that the separation of Ice Cream best serves the future growth.
The Ice Cream business has five of the top 10 selling global ice cream brands, including Wall's, Magnum, and Ben & Jerry's.
The separation of Ice Cream ...