Ben Cohen and Jerry Greenfield, the eponymous founders of Ben & Jerry’s ice cream, have been exploring a deal with an executive of private-equity firm KKR to separate their brand from its current owner.
Ben Cohen and Jerry Greenfield, the eponymous founders of Ben & Jerry’s ice cream, have been exploring a deal with an executive of private-equity firm KKR to separate their brand from its current owner.
Blackstone and CD&R are among private equity firms in the early stages of exploring bids for Magnum Ice Cream Company (MICCT.AS), two sources familiar with the matter told Reuters, less than six months after the owner of Cornetto and Ben & Jerry’s was spun out of Unilever (ULVR.L).
Magnum Ice Cream Company debuted on the Amsterdam stock exchange on Monday, completing its long-awaited spinoff from Unilever as it looks to reinvigorate growth amid challenges from high-profile public spats with Ben & Jerry’s.