Unilever to carve out ice cream division into a separate entity

LONDON: Unilever has announced the initiation of a significant restructuring process, and is set to separate its Ice Cream division and launch an extensive productivity programme as part of its Growth Action Plan (GAP). The Unilever Board is confident that the future growth potential of Ice Cream will be better delivered under a different ownership…

Unilever changes organization structure into five business groups

LONDON, UK: Unilever will move away from its current matrix structure and will be organised around five distinct Business Groups: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The changes to its organisational model aims at making it a simpler, more category-focused business. Each Business Group will be fully responsible and accountable for their strategy,…