The Magnum Ice Cream Company N.V. (TMICC) is a Dutch multinational ice cream company headquartered in Amsterdam, Netherlands. Incorporating several major ice cream brands and having about 21% of global market share, TMICC is the world's largest ice cream manufacturer.[2]
On 8 December 2025, TMICC became a publicly traded company using the symbol MICC on Euronext Amsterdam, London Stock Exchange, and New York Stock Exchange, having an initial market value of $9.1 billion.[3][4][5]
History
Formation
The company became an independent subsidiary of Unilever on 1 July 2025 by a demerger.[6][7] Following the announcement on 19 March 2024 to create a separate stand-alone business, the several major ice cream brands owned by Unilever, such as Magnum, Ben & Jerry's, Cornetto, Breyers, Calippo, and Wall's, were combined into The Magnum Ice Cream Company as a stand-alone company, with headquarters in Amsterdam, Netherlands.[6][7]
Unilever deemed the demerger of ice cream division necessary as ice cream has distinct characteristics compared with Unilever's other operating businesses, including frozen supply chain and point of sale that support frozen goods, a different channel landscape, more seasonality, and greater capital intensity and allows Unilever to more closely align with its core businesses in four categories; personal care, home care, beauty & wellbeing and foods.[8]
TMICC is predicted to have about 21% of the world's ice cream sales.[8][9]
Dispute with Ben and Jerry's
In September 2025 after The Magnum Ice Cream Company had demerged from Unilever, Ben & Jerry's cofounder, Ben Cohen, protested in London, demanding to "free Ben & Jerry's", which he and his fellow cofounder, Jerry Greenfield, said was necessary to protect the long-held social values of Ben & Jerry's.[9] The new CEO of Magnum, Peter ter Kulve, however, stated that Ben & Jerry's would not be sold because it was fully integrated into The Magnum Ice Cream Company.[9] Later in September, Greenfield resigned from the company in protest that Unilever and The Magnum Ice Cream Company were inhibiting the independence of Ben & Jerry's to have a voice on social issues.[10]
Listings
The company was listed for trading with an initial public offering on the Amsterdam, London, and New York stock exchanges and an initial market value of $9.1 billion on 8 December 2025.[3][4]
Brands
Global
For its launch in 2025, the Magnum Ice Cream Company adopted a corporate logo called the "Heartbrand", used because of the heart-shaped logo applied in various countries for Unilever ice cream brands since the 1970s, such as Wall's in the UK, Good Humor in the United States, Streets in Australia, OLA in the Netherlands, HB Ice Cream in Ireland, Miko in France throughout the 21st century.[11][12]
- Ben & Jerry's – ice cream
- Breyers – ice cream and frozen dairy desserts
- Calippo – juicy ice lollies
References
- Annual Results 2025 The Magnum Ice Cream Company, retrieved 13 February 2026^
- Magnum Touts Sales Growth, Cost Cuts After Unilver Spinoff Bloomberg, 10 September 2025, retrieved 14 October 2025^
- Magnum's $9.1 billion ice cream listing leaves some investors cold