Magnum Ice Cream Co N.V. (MICC)

The Magnum Ice Cream Company N.V. (TMICC) is the world's largest ice cream company, headquartered in Amsterdam, The Netherlands, and listed on Euronext Amsterdam, the London Stock Exchange and the New York Stock Exchange. It demerged from Unilever on 6 December 2025 and began trading as an independent listed company on 8 December 2025, focusing exclusively on ice cream. In 2025 it generated €7.9 billion in revenue and €1.3 billion in Adjusted EBITDA, with about 16,500 colleagues. It reports a 21% global market share and describes itself as home to four of the world's five largest ice cream brands.

The portfolio includes Magnum, Ben & Jerry's, Cornetto, Wall's, Breyers, Popsicle, Twister, Talenti, Yasso and the Heart Brand, spanning premium pints to inexpensive water ice lollies. Roots go back to Breyers in 1866. Innovation examples include Cornetto Max, the Wall's seven-layer stick and Magnum Bonbon. The business is organised in three regions. Europe & ANZ had revenue of €3.2 billion, 12 factories and about 7,000 colleagues. The Americas had €2.8 billion, 8 factories and about 4,500 colleagues. AMEA (Asia, Middle East, Africa) had €1.9 billion, 10 factories and about 5,000 colleagues, and is described as the fastest growing and most profitable region. India and Portugal are planned to join the perimeter in the first half of 2026.

TMICC sells in 80 markets across six continents. Its channels include grocery retail, Away-from-Home (served through a fleet of three million freezer cabinets), club and dollar stores, and e-commerce, which it calls its fastest-growing channel. It has a dedicated ice cream salesforce and aims to compete across the full price pyramid, with a focus on premiumisation, "better-for-you" options such as high-protein and low-calorie products, and occasion-led growth. The company forecasts the global ice cream market to grow 3% to 4% annually.

The supply chain is built on 12 R&D centres, 30 factories running more than 300 production lines, 200 distribution centres and more than 2,000 dedicated distributors, with a local-for-local production and distribution approach. The company operates through three regions and 23 Performance Units with a lean corporate centre. Its strategy rests on growth, productivity (a €500 million savings programme covering supply chain, overheads and technology) and reinvestment. It still relies on Transitional Services Agreements with Unilever and plans to exit them by the end of 2027 while building its own technology stack. Its medium-term targets are 3% to 5% average annual organic sales growth and 40 to 60 basis points of annual Adjusted EBITDA margin expansion. It has a main global competitor, but the text does not name it.