New Delhi: Hindustan Unilever said it is separating its ice cream business, which owns brands such as Kwality Wall's, Cornetto and Magnum, and has done an independent valuation to have a fair idea.

According to its financial reports, the ice cream business accounts for 3 per cent of HUL's total sales with Magnum, the premium brand of the company topping the list. HUL's ice cream brand ...

HUL is separating its ice cream business, which owns brands as Kwality Wall's, Cornetto and Magnum, and has done an independent valuation to have a fair idea. The board of HUL on Wednesday decided ...

Hindustan Unilever Limited (HUL) has decided to separate the Ice Cream business as the board of the FMCG major feels that ...

The committee acknowledged that while ice cream business contributes only 3 per cent to HUL’s turnover, it is a high-growth category that needs significant investments to realise its full ...

"It is hereby informed that the Board, at its meeting held today on 23rd October, 2024, has decided to separate the Ice Cream business, based on the recommendation of the Independent Committee," HUL ...

Jawa said that both the brand and technology for HUL's ice cream business is owned by Unilever. While Unilever has announced a separation of the ice cream business globally, HUL would have to ...

Hindustan Unilever Limited (HUL), on the sidelines of its Q2 FY25 results, said that it would separate its ice cream business. The decision to move forward with this segment was made following a ...

This follows its UK parent's decision to spin off its ice cream unit, home to the Magnum and Ben & Jerry's brands. HUL's ice cream business—which has brands such as Kwality Wall's, Cornetto ...

Credit: Pure Ice Cream’s ... Unilever acquired the brand in India and that of UK-based Wall’s. Kwality Wall’s now sits within the parent company’s Hindustan Unilever business in India.

“Ice Cream, which contributes 3 per cent to HUL’s turnover ... investing behind our aspirational brands, scaling market-making innovations and maintaining operational rigour,” added Jawa.