Unilever to Separate Ice Cream Business and Launch Productivity Program

Unilever announces plans to separate its Ice Cream business and launch a productivity program as part of its Growth Action Plan (GAP). The company aims to focus on a portfolio of superior brands in attractive categories with complementary operating models, where it can effectively apply its innovation, marketing, and go-to-market capabilities. The decision to separate Ice Cream as a standalone business is based on the belief that it has a different operating model compared to Unilever’s other businesses, and the Board is convinced that this move will best serve the future growth of both Ice Cream and Unilever. The separation of Ice Cream is expected to accelerate the implementation of Unilever’s GAP, which focuses on driving consistent and stronger topline growth, enhancing productivity and simplicity, and stepping up the company’s performance culture.