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Ben & Jerry's Founders Urge Release of Brand from TMICC Ahead of Listing

Magnum targets 3-5% annual growth post-IPO, aiming for €500 million cost savings amid ongoing disputes over Ben & Jerry's independence from Unilever's control.

  • Ben & Jerry's founders are urging the release of their brand from TMICC before its expected split from Unilever's ice cream business, which is the biggest in the world.
  • TMICC aims for 3-5% medium-term growth by enhancing its go-to-market strategy and focusing on premium ice cream offerings.
  • Unilever's ice cream portfolio is adjusting to the impact of GLP-1 weight-loss drugs but does not anticipate a significant effect on ice cream sales.
  • TMICC CEO Peter Ter Kulve stated that the portfolio is strong but has been 'below potential both on profitability and growth.
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Faced with growing tensions with its parent company, the founders demand the total independence of their brand. ...

·Brussels, Belgium
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Reuters broke the news in United Kingdom on Monday, September 8, 2025.
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