Ben & Jerry's owner Unilever to spin off ice cream arm

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British consumer goods giant Unilever announced Tuesday that it will separate its ice cream unit, whose top-selling products include Ben & Jerry's and Magnum, as a standalone business. It added: 'After separating Ice Cream and implementing the productivity programme, Unilever will have a structurally higher margin.

British consumer goods giant Unilever announced Tuesday that it will separate its ice cream unit, whose top-selling products include Ben & Jerry's and Magnum, as a standalone

"These will have the capability to drive category expansion and deliver accelerated, sustainable levels of growth and improved profitability." The multinational, which also produces Cif surface cleaner, Dove soap, Hellmann's mayonnaise and Marmite yeast spread, predicted the move will improve its profit margins.

 

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