Earlier this week, Unilver spun off its ice cream business as the Magnum Ice Cream Company, MICC, for all you home gamers, creating the first pure play ice cream stock that I can recall. Unilver announced this nearly two years ago, but to be honest, I really didn't pay a lot of attention to it. So, it took me by surprise when I came into work yesterday to see this multi-story tall banner of ice cream outside the New York Stock Exchange with free samples flowing ON THE FLOOR.KLONDIKE BARS for all. And still ...

Core Viewpoint - Unilever has spun off its ice cream business into the Magnum Ice Cream Company (MICC), creating a pure play ice cream stock, which is expected to perform well as an independent entity [1][20]. Company Overview - The Magnum Ice Cream Company is the largest player in the ice cream industry, owning four of the world's five largest ice cream brands: Walls, Magnum, Ben & Jerry's, and Cornetto [2][4]. - The company has a global market share of 21%, significantly higher than its closest competitor, which holds only 11% [4]. Recent Performance - Despite a 6.5% decline in volume in 2023 while under Unilever, the ice cream division has begun to recover post-spin-off, achieving a 1.1% organic volume growth and a 2.8% increase in organic sales [6][8]. - The company's gross margin has improved for the first time in years, indicating a positive trend [9]. Future Outlook - Magnum aims for organic sales growth in the range of 3% to 5% and plans to enhance profitability through modest price increases [10][11]. - The company has good data on the impact of weight loss drugs (GOP-1s) on the ice cream market, estimating a 0.5% hit to volume growth for every 12% market penetration of these drugs [12][13]. Valuation - Magnum's stock is currently trading at approximately $15, with earnings per share expected to be $1.26 this year, slightly decreasing to $1.23 next year due to initial investments as an independent entity [16][19]. - The stock is valued at 12 to 13 times earnings, which is significantly lower than peers like Hershey and Nestle, suggesting a potential investment opportunity [18][19].

Core Insights - Unilever has spun off its ice cream business, creating the Magnum Ice Cream Company (MICC), marking the first pure play ice cream stock in the market [1] - The Magnum Ice Cream Company is the largest player in the ice cream industry, owning four of the world's five largest ice cream brands: Walls, Magnum, Ben & Jerry's, and Cornetto [2][3] - The company has a significant global presence, selling over 100 brands across 80 countries and holding a 21% market share [3] Market Position - The closest competitor to Magnum Ice Cream Company is a British company called Feri, which holds an 11% market share, while no other competitor exceeds 2% [4] - Magnum Ice Cream Company is the market leader in every developed country except India and China, where it ranks second [4] Industry Performance - Despite the rise of weight loss drugs impacting the packaged food industry, the ice cream business has been performing well [4]

Joining us now is Magnum CEO Peter Dulov. >> Thank you very much for joining us, Peter. Peter the ice cream guy is here.Um, so, so why why is this spin-off happening now. >> Uh, focus. Uh, Unilver needed to focus on this category and we needed real focus on ice cream.I now have 19,000 people who go to bed thinking about ice cream, who get up thinking about ice cream and we're able to infest behind a gross opportunity. and we don't have to balance that between all kinds of different categories in unilver but ...

In this articleULVR-GBThis report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchLovers of ice cream brands like Magnum, Cornetto, Carte D'Or, Ben & Jerry's, Breyers and Wall's can now own shares in them directly following Monday's demerger of The Magnum Ice Cream Company (TMICC) from former parent Unilever.In one of the splashiest stock market events of 2025, shares of TMICC debuted on Amsterdam's Euronext, and there are also secondary listings in L ...

来源：@中国经营报微博 来源：@中国经营报微博 #梦龙上市#【#梦龙卖冰淇淋一年赚666亿元#】全球最大冰淇淋公司梦龙如期上市。12月8日，该公司正 式开始在阿姆斯特丹泛欧交易所、伦敦证券交易所和纽约证券交易所三地上市交易。从联合利华分拆 后，梦龙成为独立冰淇淋巨头，其旗下拥有梦龙、和路雪、可爱多、Ben & Jerry's等众多知名品牌。据 联合利华披露，2024年，其冰淇淋业务收入达到79亿欧元，调整后EBITDA达到13亿欧元，在全球冰淇 淋零售市场的占有率约为21%。按2024年营收计算，在全球前五大品牌中，梦龙占据了4席——和路雪 （28亿欧元）、梦龙（18亿欧元）、Ben & Jerry's（11亿欧元）、可爱多（7亿欧元）。 （红星新闻） #梦龙上市#【#梦龙卖冰淇淋一年赚666亿元#】全球最大冰淇淋公司梦龙如期上市。12月8日，该公司正 式开始在阿姆斯特丹泛欧交易所、伦敦证券交易所和纽约证券交易所三地上市交易。从联合利华分拆 后，梦龙成为独立冰淇淋巨头，其旗下拥有梦龙、和路雪、可爱多、Ben & Jerry's等众多知名品牌。据 联合利华披露，2024年，其冰淇淋业务收入达到79亿欧元，调整后 ...

记者从梦龙冰淇淋公司了解到，其普通股于当地时间2025年12月8日上午正式开始在阿姆斯特丹泛欧交易所、伦敦证券交易所和纽约证券交易所三地上市交 易，股票代码分别为AMS:MICC、LSE:MICC、NYSE:MICC。据媒体报道，这是今年泛欧交易所规模最大的上市项目，上市当日，该公司市值达78亿欧元 （约合人民币642亿元）。 据悉，去年3月，联合利华宣布了食品板块的一个极为重大的调整，计划剥离拥有和路雪、梦龙、可爱多等品牌的冰淇淋业务，预计到2025年底完成。 今年3月，这家新注册成立的冰淇淋公司正式启用位于荷兰阿姆斯特丹市中心的新总部，并揭晓了全新标识与名字——梦龙冰淇淋公司（The Magnum Ice Cream Company）。7月1日，梦龙冰淇淋公司正式完成业务的独立运营，包括设立法人实体、构建新的运营模式，以及剥离财务报表，成为联合利华旗下的 独立公司。 在中国大陆市场，公司更名为梦龙投资（上海）有限公司，在新设立的运营实体中，"联合利华"已从股东名单中消失，该新公司由梦龙冰淇淋关联公司The Magnum Ice Cream Company HoldCo 3 Netherlands B.V. ...

Core Insights - Magnum Ice Cream Company, the largest standalone ice cream business globally, debuted on the Amsterdam stock exchange with an opening stock price of 12.20 euros, slightly below the reference price of 12.80 euros [1][2] - The company aims to be more agile, focused, and ambitious as an independent entity, according to CEO Peter ter Kulve [2] - Unilever's decision to spin off its ice cream division, which includes brands like Ben & Jerry's and Magnum, was influenced by investor pressure for a business overhaul [3] Financial Performance - The ice cream division generated 7.9 billion euros (approximately $9.2 billion) in revenue in 2023, indicating strong financial performance that supports the rationale for its independence [3]

Core Viewpoint - Doubts have arisen regarding the future role of Anuradha Mittal as chair of Ben & Jerry's board in the context of its parent company Unilever's ice cream spin-off, The Magnum Ice Cream Company (TMICC) [1][4]. Group 1: Leadership Changes - Anuradha Mittal joined Ben & Jerry's in 2007 and became the independent chair in 2018, prior to Unilever's acquisition of the company [2]. - The SEC filing suggests that Mittal may no longer meet the criteria to serve on the Ben & Jerry's board, following internal investigations [4]. Group 2: Disputes and Autonomy - The situation escalated after co-founder Jerry Greenfield's departure amid disputes with Unilever over the company's autonomy and adherence to its social values [3]. - Cohen and Greenfield have expressed concerns about Unilever's influence, requesting that Ben & Jerry's operate as an independently owned company rather than being absorbed into TMICC [7]. Group 3: Potential Legal Actions - The SEC filing indicates that the group may consider legal actions against TMICC and/or Unilever based on the results of the internal investigations [5]. - There is a possibility that the Ben & Jerry's board may initiate proceedings against the group or its employees as a response to the findings [6].

Core Viewpoint - The Magnum Ice Cream Company has determined that the chair of Ben & Jerry's independent board no longer meets the criteria to serve, following internal investigations, indicating escalating tensions between the two brands as Unilever prepares for the spin-off of the Magnum division [1][2][3]. Group 1: Internal Investigations and Board Changes - Magnum's filing states that after investigations by external advisers, the current chair of Ben & Jerry's is deemed unfit to serve on the board [3]. - The nature of the investigations has not been disclosed, raising questions about the implications for Ben & Jerry's governance [3][5]. - Magnum has communicated its findings to Ben & Jerry's board and is awaiting a response to determine its next steps [5]. Group 2: Background and Context - Ben & Jerry's independent board, chaired by Anuradha Mittal, has been involved in advocacy on controversial topics, which has drawn criticism from Unilever [4]. - The merger agreement from 2000 stipulates that replacing board members requires a majority vote, complicating Magnum's ability to enforce changes [6]. - Tensions between Unilever and Ben & Jerry's have been ongoing since 2021, particularly regarding the brand's stance on political issues, including its decision to stop sales in the Israeli-occupied West Bank [7].