The news follows confirmation from the company in October that it planned to complete the demerger by the end of the year as it unveiled results for the third quarter 2025.
The company confirmed a “revision to the timetable” for the demerger of TMICC as a result of the US federal government shutdown.
TMICC is trading with brands including Magnum, Ben & Jerrys, Wall’s and Cornetto in its portfolio. Shares are now trading on stock exchanges in London, Amsterdam and New York.
Peter ter Kulve, TMICC CEO, said: “Today is a proud milestone for everyone associated with TMICC. We became the global leader in ice cream as part of the Unilever family. Now, as an independent listed company, we will be more agile, more focused, and more ambitious than ever.”
He added: “We have a clear strategy to deliver growth, improve productivity and reinvest in TMICC in line with the medium-term targets we set out at our recent Capital Markets Day. With our iconic brands, world-class capabilities, expert people and the trust of millions of ice cream lovers globally, we aim to lead the frozen snacking revolution, shaping new occasions, innovating new products and fresh ways to delight people around the world, improving the service to our customers and creating value for our shareholders and wider stakeholders. Because life tastes better with ice cream.”
The demerger by Unilever is one of the latest moves by the company to focus on its health and wellness brands. It has already been divesting a number of food brands.
It recently signed an agreement to sell the Graze business to German confectionary company Katjes International for an undisclosed sum.
The purchase, which will be made through its UK subsidiary Future Snacks, is expected to be finalised in the first half of 2026 and will see the company acquire 100% of the shares the business.
Earlier this year it signed an agreement to sell its plant-based brand The Vegetarian Butcher to Vivera for an undisclosed fee.
Unilever has already declined to comment on speculation that it is looking to sell off classic British food brands including Marmite, Bovril and Colman’s.
