Chill Factor: HUL Spins Off Ice Cream Business into New Entity

In a landmark move, Hindustan Unilever (HUL) has approved the demerger of its ice cream business, creating a separate, publicly listed entity. The decision aims to unlock shareholder value and boost focus on its highly profitable ice cream segment.

Key highlights:

  • Independent Operations: The new entity will manage iconic brands like Kwality Wall’s and Magnum, operating independently to enhance market penetration and innovation.
  • Strategic Spin-off: The ice cream segment contributed significantly to HUL’s revenues, driving its growth in the FMCG market.
  • Shareholder Gains: HUL shareholders will benefit from direct exposure to the rapidly growing frozen dessert market.

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