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M&A TRANSACTION · 2025

Unilever Ice Cream (Spin-off) acquired by Magnum Ice Cream Co. (Spin-off)

$7.90B· 6.2x EBITDA· 1.00x revenue

Target

Unilever Ice Cream (Spin-off)

United Kingdom / Netherlands

Ice cream business with Ben & Jerry's, Magnum, Cornetto, Wall's

Acquirer

Magnum Ice Cream Co. (Spin-off)

Disclosed financials at time of acquisition

Revenue

$7900.0M

EBITDA

$1300.0M

Deal Value

$7.90B

EV/EBITDA

6.2x

Context

This $7.90B acquisition of Unilever Ice Cream (Spin-off) by Magnum Ice Cream Co. (Spin-off) sits in the food manufacturing sub-vertical. The 6.2x EBITDA multiple paid in 2025 can be compared against the population median for food manufacturing transactions of similar size on our Food Manufacturing valuation hub.

Source

Data sourced from Unilever Press Releaseprimary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2025). Unilever Ice Cream (Spin-off) acquired by Magnum Ice Cream Co. (Spin-off). https://exitvalue.ai/deals/unilever-ice-cream-spin-off-acquired-by-magnum-ice-cream-co-spin-off-food-beverag