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Unilever considers $3bn sale of ice cream brands – Bloomberg News

FoodBev Media 2022-12-13
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Tag: Industries

Consumer goods giant Unilever is considering selling a portion of its US ice cream portfolio that could be valued at as much as $3 billion, according to Bloomberg News.

The report, which cites people familiar with the matter, says that the company is weighing the future of brands including Klondike and Breyers, while international labels Magnum and Ben & Jerry’s are not part of the review.

In an interview with American news channel CNBC, Unilever CEO Alan Jope said he would not comment on the rumours.

However, Jope added that the company was taking decisive action on slow growth parts of its portfolio.

The review is still ongoing, according to Bloomberg News’s sources, and Unilever may decide against selling the brands.

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