The Magnum Ice Cream Company Invests In Uk As Part Of Supply-chain Changes

An aerial position of The Magnum Ice Cream Company’s Gloucester factory. Credit: The Magnum Ice Cream Company.

The Magnum Ice Cream Company, Unilever’s soon-to-be-listed ice-cream business, plans to up capacity and boost ratio astatine a mill successful nan UK.

The installation successful Gloucester successful south-west England supplies customers successful nan UK and successful continental Europe.

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As portion of nan £50m ($65.6m) project, The Magnum Ice Cream Company (TMICC) will instal 2 caller accumulation lines, switch an existing statement and rebuild nan site’s operation plant.

Jamie Farrell, the caput of TMICC’s operations successful nan UK and Ireland, said: “As we hole to motorboat nan Magnum Ice Cream Company arsenic a standalone business, this finance reflects our ambition to grow, innovate and proceed delighting consumers successful nan UK and beyond done our much-loved brands.”  

The factory, which employs 476 staff, manufactures products sold nether brands including Magnum and Viennetta. Around 80% of nan site’s accumulation is for nan UK.

The investment, portion of a “global proviso concatenation translator programme” group retired by TMICC, will summation nan capacity of nan Gloucester tract by 25%. The institution is aiming to boost output astatine nan installation by 50% by 2027 compared to accumulation successful 2023.

A spokesperson for TMICC said location would beryllium “no nonstop effect connected jobs”, adding: “The tract employs 476 group straight and nan finance helps to unafraid its semipermanent future.”

The finance comes as Unilever prepares to list TMICC in New York, London and Amsterdam adjacent month.

TMICC, which has 35 factories, is looking for up to €380m successful “gross savings” from its supply-chain programme successful “the mean term”, according to a position issued earlier this month.

The institution wants to make its procurement much businesslike and spark a “step change” successful nan productivity of its manufacturing.

TMICC is besides targeting €70-100m successful gross savings from moves to trim overheads. The group said nan costs of being a standalone institution is little than operating arsenic a section wrong Unilever.

The Solero shaper is besides aiming for €30-50m successful gross savings from “tech-enabled productivity”.

In total, nan gross savings magnitude to a maximum of €530m. TMICC said it had secured astir €150m during 2024 and nan first half of 2025.