Report Summary
Unilever announced plans to separate its ice cream business into a separate publicly listed company (SpinCo), potentially via a spin-off transaction. Post separation, Unilever will focus on four core businesses: beauty and wellbeing, personal care, home care, and nutrition. The separation is expected to be completed by the end of 2025. The separation will allow Unilever to allocate capital and resources more efficiently towards higher growth categories with significant potential to scale.
