Magnum and Cornetto owner Unilever to spin off ice-cream division

Among the brands owned by Unilever include Ben and Jerry's, Magnum, and HB. 

British multinational food and personal care company Unilever has announced that it is to spin-off its ice cream division, which owns brands such as Ben and Jerry’s as well as Magnum, as part of a major restructuring and cost-saving programme that will impact 7,500 jobs.

The process of turning the ice-cream division into its own standalone business will begin immediately and is expected to be complete by the end of 2025.