Unilever to Keep Making Russian Ice Cream After Split
- Consumer giant plans to spin off or sell ice cream business
- Ring-fenced Russian unit to keep making Cornetto, Carte D’Or
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Unilever Plc will keep making Cornetto and Carte D’Or in Russia even after shedding its global ice cream unit.
The soap-to-stock-cube conglomerate said in March it will spin off or sell its sluggish ice cream business, which generated around €8 billion ($8.7 billion) in sales last year, as part of a wider overhaul of the group.