financetom
Business
financetom
/
Business
/
Ben & Jerry's says parent Unilever mandating silence on Trump
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ben & Jerry's says parent Unilever mandating silence on Trump
Feb 14, 2025 8:16 AM

NEW YORK, Feb 14 (Reuters) - Ben & Jerry's ( UL ) accused its

parent Unilever ( UL ) of demanding its silence toward U.S.

President Donald Trump, as it prepares to spin off the ice cream

brand later this year.

In a Thursday night filing in Manhattan federal court, Ben &

Jerry's ( UL ) said Unilever ( UL ) ice cream chief Peter ter Kulve earlier in

the day unilaterally banned it from "issuing any posts

criticizing President Trump" pending further review.

Ben & Jerry's ( UL ) said ter Kulve cited Unilever's ( UL ) restructuring

in defending his actions, saying it created a "new dynamic" in

an "unprecedented time."

Ter Kulve previously banned a planned post on hot-button

issues when Trump was inaugurated on January 20 because the post

mentioned Trump, Ben & Jerry's ( UL ) has said.

Unilever ( UL ) did not immediately respond on Friday to requests

for comment. Ben & Jerry's ( UL ) did not immediately respond to a

similar request.

Ben & Jerry's ( UL ) accusations came in its lawsuit seeking to

stop Unilever's ( UL ) alleged efforts to dismantle its independent

board and end its social activism.

Many companies have altered social policies, including on

diversity, or appeared to show deference toward Trump since he

began his second White House term.

Ben & Jerry's ( UL ) has had a socially conscious mission since

being founded by Ben Cohen and Jerry Greenfield in 1978.

Unilever ( UL ) bought Ben & Jerry's ( UL ) in 2000. They have battled

publicly since 2021, when Ben & Jerry's ( UL ) halted sales in the

Israeli-occupied West Bank. Its business there was later sold.

The planned spinoff comes as Unilever ( UL ) simplifies its product

portfolio, which has dozens of brands including Dove,

Hellmann's, Knorr, Surf and Vaseline.

Unilever ( UL ) on Thursday chose Amsterdam over London and New

York for the primary listing when it spins off Ben & Jerry's ( UL ),

Breyers, Magnum and other ice cream brands as a standalone

company. Ice cream revenue totaled 8.3 billion euros ($8.72

billion) in 2024.

The case is Ben & Jerry's Homemade Inc v Unilever ( UL ) et al,

U.S. District Court, Southern District of New York, No.

24-08641.

($1 = 0.9519 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Teamsters union members ratify US agreement with AB InBev
Teamsters union members ratify US agreement with AB InBev
Mar 5, 2024
(Reuters) - The Teamsters union said on Tuesday its members approved a five-year agreement with Anheuser-Busch Inbev, ratifying a deal that includes pay hikes and improved healthcare for workers at the brewer's U.S. facilities. Anheuser-Busch Inbev and the Teamsters union had reached a tentative agreement last week that averted a strike. Under the agreement, which covers 5,000 Teamsters working at...
Chinese investors rush abroad, hitting outbound investment limit
Chinese investors rush abroad, hitting outbound investment limit
Mar 5, 2024
HONG KONG/SHANGHAI (Reuters) - Chinese money is pouring into funds invested in offshore assets at breakneck speed, butting up against outbound investment limits and complicating Beijing's efforts to revive domestic markets and stabilise the yuan. The rush to invest offshore reflects low confidence at home and is evident in sales of funds issued under the Qualified Domestic Institutional Investor (QDII)...
India Morning Newsletter, March 6
India Morning Newsletter, March 6
Mar 5, 2024
To access a PDF version of this newsletter, please click here If you would like to receive this newsletter via email, please register at: https://solutions.refinitiv.com/MNCIndiaSubscriptionpage For an index of our newsletters click on ...
China's BYD starts construction on manufacturing complex in Brazil
China's BYD starts construction on manufacturing complex in Brazil
Mar 5, 2024
BEIJING (Reuters) - Chinese electric vehicle giant BYD has begun construction on a manufacturing complex in Brazil, the company confirmed with Reuters on Wednesday. The Brazil complex is expected to be put into operation by the end of this year 2024 or in early 2025, the company said. The complex, with an estimated annual production capacity of 150,000 units per...
Copyright 2023-2026 - www.financetom.com All Rights Reserved