Unilever opts for primary listing in Amsterdam for ice cream business

Unilever opts for primary listing in Amsterdam for ice cream business

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Unilever opts for primary listing in Amsterdam for ice cream business
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Unilever plans to demerge its ice cream business, primarily listing it in Amsterdam, with secondary listings in New York and London. The company's share price fell by 6.2%. Jean-François van Boxmeer will chair the new ice cream division. Unilever's CEO, Hein Schumacher, stated that the decision was influenced by the ice cream branch's management being based in Amsterdam, despite the UK retaining its research and development center. Unilever reported a 4.2% increase in underlying sales for 2024, with a focus on premium segments and a leaner organization.

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