Magnum's Sweet Leap: The World's Largest Ice Cream Business Goes Public

Magnum Ice Cream Company debuted on Amsterdam's stock market at 12.81 euros per share, marking its spinoff from Unilever. The company aims to increase productivity as an independent entity. Some challenges persist, including no dividends in 2026 and market pressure due to limited demand.

In a bold move to establish itself as the largest standalone ice cream business, Magnum Ice Cream Company launched on the Amsterdam Stock Exchange on Monday. The debut price was set at 12.81 euros per share, valuing the company at approximately 7.84 billion euros.

This strategic spin-off from global giant Unilever represents Magnum's commitment to concentrating on its core product: ice cream. Though the listing has drawn significant interest, analysts point out challenges such as early stock market pressures and the absence of dividends in 2026.

Despite this, Magnum's CEO, Peter ter Kulve, remains optimistic, stating that the company has achieved a significant milestone and promises a more agile and ambitious approach moving forward. With a global market share of over 20%, Magnum looks to cement its place in the competitive landscape.