Unilever shelves planned sale of its ice cream business to private equity

  • 📰 ftenergy
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Chief executive Hein Schumacher wants to separate division as part of turnaround plan

Unilever has shelved plans to run a sales process intended to find a private equity buyer for its €15bn ice cream division and will instead focus on a push to spin off the unit in an independent listing. The consumer goods group announced in March that it would split off its ice cream business, and it attempted to drum up interest from buyout groups for the division, which includes brands such as Ben & Jerry’s, Magnum and Wall’s.

“What’s very specific about ice cream is the supply chain,” said an executive at one private equity firm that had explored a potential deal with Unilever, adding it was not clear how a buyout group could approach the business “differently to the current management”. They said that it would be difficult to make ice cream less of a seasonal product in Europe.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Unilever shelves private equity plan for its ice-cream businessChief executive Hein Schumacher wants to separate division as part of turnaround plan
مصدر: FT - 🏆 113. / 51 اقرأ أكثر »