Unilever Overview
Unilever NV engages in the production and marketing of consumer goods in the nutrition, hygiene, and personal care categories. It operates through the following segments: Beauty and Personal Care, Foods and Refreshment, and Home Care. Unilever operates in Israel through Unilever Israel and holds a headquarters and four manufacturing sites. The Israeli R&D center was established by the global Unilever and locates, examines, and implements various corporate brand innovations.
Latest News
growth-negative
Ben & Jerry’s co-founder quits after being ‘silenced’ by Unilever
Ben & Jerrys co-founder Jerry Greenfield has resigned from the company, citing a loss of independence and censorship by parent company Unilever. Greenfield expressed disappointment over the companys inability to speak out on social issues, which was a key part of its governance structure. The resignation follows tensions between Ben & Jerrys and Unilever, particularly over the ice cream brands support for Palestine. This has led to legal disputes and a drop in Unilevers share price. Despite being owned by Unilever since 2000, Ben & Jerrys has maintained an independent board to campaign on social issues.
Management Changes
growth-negative
Ben explains why Jerry quit Ben & Jerry’s
Ben & Jerrys co-founder Jerry Greenfield resigned due to conflicts with parent company Unilever, which he accused of restricting the brands ability to engage in social and political causes. This conflict has been ongoing, with tensions rising over Ben & Jerrys decision to pull operations from Israel, which Unilever overruled. Despite Greenfields departure, co-founder Ben Cohen remains to fight for the companys independence and social mission. Ben & Jerrys is being spun off into a new entity, The Magnum Ice Cream Company, expected to be publicly traded in November. The situation highlights the ongoing struggle between maintaining the brands social mission and the corporate interests of Unilever.
Management ChangesAcquired-byPublic Trading
growth-positive
Ben & Jerry’s calls for independence post Unilever’s ice cream spin-off
The article discusses the planned spin-off of The Magnum Ice Cream Company (TMICC) from Unilever, set for mid-November. Ben & Jerrys founders have expressed concerns over Unilevers handling of their brand, urging for its independence to pursue its social mission. Despite these concerns, TMICC will include Ben & Jerrys and other global brands like Solero and Cornetto. Unilever will retain a 20% stake in TMICC, which will be gradually reduced. The separation is expected to incur €800m in costs, with TMICC aiming for a 3-5% annual organic growth from 2026. The spin-off positions TMICC as a major player in the global ice cream market.
Acquired-byPublic Trading
growth-negative
Ben & Jerry to Unilever: This is not the Ben & Jerry’s that we founded
Ben & Jerrys cofounders, Ben Cohen and Jerry Greenfield, are advocating for the brands independence from Unilever, which acquired it in 2000. They argue that Unilever has restricted the brands social mission, particularly on issues like social justice and political criticism. The cofounders have written an open letter urging the Magnum Ice Cream Company board, which is being spun off from Unilever, to allow Ben & Jerry’s to operate independently. Unilever, however, maintains that Ben & Jerry’s is an integral part of Magnum and is not for sale. The ongoing disputes include management changes and restrictions on the brands public statements.
Acquired-byManagement Changes
growth-negative
Unilever names Jochanan Senf as new Ben & Jerry’s CEO
Unilever has appointed Jochanan Senf as the CEO of Ben & Jerry’s following the exit of former CEO Dave Stever. Stever was reportedly ousted for defending the company’s social activism, leading to tensions between Unilever and Ben & Jerry’s independent board. The board accused Unilever of violating an agreement protecting its independence. Unilever plans to spin off its ice-cream business, which will be listed in Amsterdam, London, and New York. The new company will be called The Magnum Ice Cream Company. The ongoing disputes highlight challenges in balancing corporate control and social activism within the subsidiary.
Management ChangesAcquisition
Team Members
4
Employees: 500+
Web & Social Links
| Website | www.unilever.com |
Locations
Rothschild Boulevard 3, Tel Aviv-Yafo, Tel Aviv, Israel
Haifa, Israel
London, UK
Photos & Videos
No files yet
