Unilever sets new date for ice cream demerger

The soon-to-be-demerged TMICC is shaking up innovation.
A new date has been set for The Magnum Ice Cream Company spin off. (Image: The Magnum Ice Cream Company)

A new date has been announced for The Magnum Ice Cream Company’s demerger and share consolidation

Unilever had been preparing to spin off its ice cream business on 10 November.

On that date, its ice cream portfolio – which boasts household names like Magnum, Ben & Jerry’s, and Walls – would become an independent entity under The Magnum Ice Cream Company (TMICC).

But the US federal government shutdown last month derailed those plans. The demerger was postponed, and now a new date has been set.

Unilever expects to complete the demerger on 6 December 2025, with TMICC shares to begin trading in London two days later on 8 December.

In New York and Amsterdam, trading is expected to begin on 9 December.

And with that, a new giant emerges: The Magnum Ice Cream Company is set to become the world’s largest player in the global ice cream market.