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  4. Breyers
Breyers logo
Food & Beverage

Who Owns Breyers?

Breyers is owned by The Magnum Ice Cream Company N.V. (NYSE/ Euronext/ LSE: MICC), an independent publicly traded company formed when Unilever demerged its ice cream division on July 1, 2025. TMICC began trading on December 8, 2025. Founded in 1866 by William A. Breyer in Philadelphia, Breyers was acquired by Unilever in 1993 and is now part of TMICC alongside Ben & Jerry's, Magnum, Wall's, and Cornetto. TMICC is headquartered in Amsterdam, Netherlands, and generated 7.9 billion euros in revenue in 2024.

Parent Company

The Magnum Ice Cream Company N.V.

Acquired

1993

Status

Publicly Traded

Headquarters

Englewood Cliffs, New Jersey, United States

Breyers Timeline

1866

Breyers

Founded by William A. Breyer

Founded
1993
Acquired by The Magnum Ice Cream Company N.V.

The Magnum Ice Cream Company N.V. acquired Breyers

Acquired
mid rangemass marketUnited StatesOfficial Website

Who Owns Breyers?

  • Parent Company: The Magnum Ice Cream Company N.V.
  • Ownership Type: Wholly owned
  • Acquisition Year: 1993
  • Company Type: Publicly Traded
  • Stock Ticker: Euronext Amsterdam: MICC
BrandParent CompanyOwnership Type
BreyersThe Magnum Ice Cream Company N.V.Wholly owned

Where to Buy

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AmazonBreyers on Amazon

History of Breyers

  • Founded: 1866
  • Founders: William A. Breyer
  • Acquired by The Magnum Ice Cream Company N.V.: 1993

Breyers was founded in 1866 by William A. Breyer in Philadelphia, Pennsylvania, making it the oldest manufacturer of ice cream in the United States. The ice cream was originally hand-cranked and made from cream, sugar, fruit, and nuts. William Breyer first sold it to his neighbors from his home and later via horse and wagon on the streets of Philadelphia as demand grew.

By 1882, Breyer had five ice cream shops and a delivery service. He opened a wholesale manufacturing plant in 1896, and Breyer's Ice Cream Company was incorporated in 1908. By 1918, the company was producing one million gallons of ice cream annually.

In 1926, Breyer's Ice Cream Company was sold to the National Dairy Products Corporation, which later became known as Kraft. This ownership change brought Breyers into a larger corporate structure with enhanced distribution capabilities.

In 1993, Kraft sold its ice cream brands to Unilever, bringing Breyers into Unilever's portfolio. Unilever merged the Breyers ice cream brand with Gold Bond and Good Humor ice cream to create the Good Humor-Breyers division. In 1995, Unilever closed its last Breyers plant in Philadelphia, consolidating production into other facilities. The Good Humor-Breyers headquarters were moved to Englewood Cliffs, New Jersey and Toronto in 2007.

In 2013, Unilever introduced frozen dairy desserts under the Breyers brand, made with additional ingredients and less butterfat. This was created to provide lower-calorie products, though it provoked complaints from customers who preferred the brand's all-natural ice cream products. US federal regulations require ice cream products with less than 10% butterfat and milk solids to be labeled as frozen dairy dessert instead of ice cream.

On July 1, 2025, Breyers became part of The Magnum Ice Cream Company when Unilever completed the demerger of its ice cream division. TMICC began trading publicly on December 8, 2025. This transition gave Breyers a parent company entirely focused on ice cream, potentially allowing for more dedicated investment in the brand compared to its position as one of hundreds of brands within Unilever's diversified portfolio.

In January 2026, Breyers launched Sundae Swirls, a new product line designed to deliver a complete sundae experience straight from the freezer. The lineup debuted with four dessert-inspired flavors in 48-ounce tubs at an MSRP of $5.49: Hot Fudge Brownie Sundae, Salted Caramel Truffle, Strawberry Pound Cake, and Chocolate Lava Cake. The product uses a breakthrough technology that ensures thick swirls of sauce in every scoop. Lisa Vortsman, U.S. chief marketing and innovation officer at TMICC, stated that the launch built on Breyers' generational history with sundae traditions.

Also in 2026, Breyers launched collaboration pints with Good Humor, Popsicle, and Almond Joy. The Breyers Good Humor Strawberry Shortcake pint, Breyers Creamsicle pint, and Breyers Almond Joy pint became available at convenience stores including 7-Eleven and Family Dollar at an MSRP of $4.49.

About The Magnum Ice Cream Company N.V.

Is The Magnum Ice Cream Company publicly traded?
Yes, The Magnum Ice Cream Company N.V. is publicly traded on Euronext Amsterdam, the London Stock Exchange, and the New York Stock Exchange under ticker MICC. Trading commenced on December 8, 2025, following the demerger from Unilever. Unilever retained a minority stake of less than 20%, which it plans to sell down over time. Major institutional shareholders include BlackRock, Vanguard, and State Street.

Who owns The Magnum Ice Cream Company?
The Magnum Ice Cream Company is owned by its shareholders, primarily institutional investors and former Unilever shareholders who received TMICC shares through the demerger. Unilever retained a minority stake of less than 20%. The demerger was structured as an in-specie dividend, with one TMICC share issued for every five Unilever shares held. No single shareholder holds a controlling stake.

When was The Magnum Ice Cream Company founded?
The Magnum Ice Cream Company was founded on December 6, 2025, when Unilever completed the demerger of its ice cream division. The company's ice cream business, however, dates back to 1922, when Unilever acquired Wall's. The Magnum brand was launched in 1989. The company's history is tied to Unilever's ice cream division, which built one of the world's largest ice cream businesses over more than a century.

What brands does The Magnum Ice Cream Company own?
The Magnum Ice Cream Company owns Magnum, Ben and Jerry's, Wall's (also known as Ola, Langnese, Algida, and Kibon in different regions), Cornetto, Breyers, Good Humor, Calippo, Twister, and Solero. The company's portfolio spans premium, mainstream, and novelty ice cream segments. Magnum is the company's largest brand by revenue, generating approximately 2 billion euros annually.

What is The Magnum Ice Cream Company's annual revenue?
The Magnum Ice Cream Company reported FY2024 revenue of approximately 7.9 billion euros, based on the financial performance of Unilever's ice cream division prior to the demerger. In Q1 2026, the company reported revenue of 2.1 billion euros, up 3.2% organically. The company has guided for 3% to 5% organic growth over the medium term.

Why did Unilever demerge its ice cream division?
Unilever announced the demerger in March 2024 as part of a broader corporate restructuring under CEO Hein Schumacher. The ice cream division had been Unilever's slowest-growing segment, with organic growth of approximately 2% to 3% compared to 4% to 6% for the rest of the business. Unilever's management believed the ice cream business would perform better as an independent entity with dedicated focus and investment. The demerger was completed on December 6, 2025.

Who is the CEO of The Magnum Ice Cream Company?
Peter ter Kulve is the CEO of The Magnum Ice Cream Company. Ter Kulve previously served as president of Unilever's ice cream division from 2020 to 2025. He has led the transition from a Unilever division to an independent company and has emphasized the advantages of dedicated focus on the ice cream category. The board of directors is chaired by Ian Meakins.

  • Founded: 2025
  • Headquarters: Amsterdam, Netherlands
  • Company Type: Publicly Traded
  • Stock: Euronext Amsterdam: MICC
  • Revenue: Approximately 7.9 billion euros (FY2024)
  • Employees: Approximately 15,000

Visit The Magnum Ice Cream Company N.V. website

View full company profile for The Magnum Ice Cream Company N.V.

Where Is Breyers Made / Based?

  • Headquarters: Englewood Cliffs, New Jersey, United States

Breyers Categories & Tags

Ice CreamFrozen DessertFoodDairy

Breyers Sustainability & Ethics

Breyers operates under TMICC's sustainability framework, focusing on responsible ingredient sourcing, environmental stewardship, and ethical business practices in the ice cream industry.

Breyers has committed to using sustainably sourced vanilla and cocoa. The brand's parent company partnered with Symrise to form the "Vanilla for Change" initiative, which leverages technology to improve vanilla harvesting practices and ensure traceability throughout the supply chain. This commitment addresses concerns about vanilla sourcing practices while supporting sustainable agriculture in Madagascar, one of the world's primary vanilla-producing regions.

Breyers maintains an ingredient transparency pledge, known as the Breyers Pledge, committing to 100% Grade A milk and cream, naturally sourced colors and flavors, and sustainably farmed vanilla and cocoa. All Breyers ice cream is made with milk from cows not treated with artificial growth hormones. The brand has faced challenges balancing consumer expectations for all-natural products with regulatory requirements and production realities, leading to consumer feedback when product formulations changed to meet frozen dairy dessert standards.

As part of TMICC's environmental commitment, Breyers participates in broader sustainability programs. The company has received up to 20.9 million dollars in U.S. government funding to lower its carbon footprint through factory modernization, including replacing natural gas boilers with electric boilers and heat pumps at production facilities.

Breyers works with suppliers who meet environmental and social responsibility standards. The company's sustainable sourcing programs extend beyond vanilla to include other key ingredients like dairy, fruits, and nuts. No independent third-party certifications specific to the Breyers brand beyond Rainforest Alliance vanilla sourcing are listed.

Awards & Recognition

Breyers has received recognition throughout its 160-year history for product quality, brand heritage, and market leadership in the American ice cream industry. As a mass-market brand, its accolades are primarily focused on consumer trust and market performance rather than premium product awards.

Breyers has been recognized as America's oldest ice cream manufacturer, a distinction that provides significant brand credibility and consumer trust. This heritage status has been acknowledged by food industry organizations and consumer publications for maintaining consistent quality and brand identity across more than 160 years of operation.

With 498 million dollars in sales in 2022, Breyers ranked fourth among American ice cream brands and was among the world's top 10 most valued ice cream brands. Breyers is positioned as the maker of the number one large sized premium packaged ice cream in the United States.

The January 2026 Sundae Swirls launch received coverage from Morningstar, Refrigerated and Frozen Foods magazine, and Source86, which described the product as a strategic shift toward the premium mix-in category. The launch was noted for its breakthrough technology ensuring thick sauce swirls and its accessible $5.49 price point in the 48-ounce format.

Breyers maintains comprehensive quality control systems and food safety certifications across its manufacturing operations, complying with FDA regulations and food safety standards. The brand has received recognition from consumer organizations for brand trust and reliability, particularly among older consumers who value the brand's consistency and heritage.

These recognitions originate from industry publications, market research firms, and consumer surveys rather than formal awards programs.

Breyers Recalls & Controversies

Natural vanilla lawsuit settlement (2024 to 2025): Breyers faced a class action lawsuit regarding misleading "natural vanilla" labeling claims. The lawsuit alleged that Breyers Natural Vanilla ice cream contained non-vanilla plant flavors rather than real vanilla extract, misleading consumers who expected natural vanilla ingredients. An 8.85 million dollar settlement was reached in November 2024, with claim forms due by February 19, 2025. The settlement covered consumers who purchased Breyers Natural Vanilla ice cream between April 21, 2016, and August 14, 2024.

Product formula changes and consumer backlash: Breyers has faced significant consumer criticism for transitioning from traditional ice cream formulations to frozen dairy desserts with lower butterfat content and additional ingredients. Many long-time customers expressed disappointment that the brand no longer produced all-natural ice cream, citing changes in taste, texture, and ingredient quality. US federal regulations require products with less than 10% butterfat and milk solids to be labeled as frozen dairy dessert rather than ice cream. Consumer feedback on the 2026 collaboration pints with Good Humor and Popsicle noted similar complaints, with fans wishing the products were real ice cream rather than frozen dairy dessert.

Chocolate Truffle recall (2025): Breyers issued a recall for its Chocolate Truffle ice cream flavor due to packaging mislabeling that affected over 6,000 cases across the United States. The recall was initiated when it was discovered that packaging contained incorrect ingredient information, posing potential risks to consumers with allergies or dietary restrictions.

Frozen dairy dessert classification controversy: Breyers has faced ongoing consumer confusion and criticism regarding the classification of some products as frozen dairy dessert rather than ice cream due to lower butterfat content. This controversy reflects broader industry challenges in balancing regulatory requirements, cost considerations, and consumer expectations for natural products.

Allergen labeling challenges: Like many food manufacturers, Breyers has faced scrutiny regarding allergen labeling and cross-contamination prevention in its manufacturing facilities. The company has implemented enhanced allergen control measures and improved labeling practices to address consumer safety concerns and regulatory compliance requirements.

Supply chain and sourcing transparency: Breyers has faced questions about ingredient sourcing transparency, particularly regarding the origin and processing methods of key ingredients like vanilla and dairy products. The brand has responded with enhanced sustainability programs and certification initiatives to improve supply chain transparency and consumer confidence.

Brands Owned by The Magnum Ice Cream Company N.V.

Ben & Jerry'sFood Beverage

Ben & Jerry's

Owned by The Magnum Ice Cream Company N.V.

American ice cream company known for unique flavors and social activism, now owned by The Magnum Ice Cream Company following Unilever's December 2025 demerger.

ice-creamdessertfrozen
CornettoFood Beverage

Cornetto

Owned by The Magnum Ice Cream Company N.V.

Ice cream cone brand with a chocolate-insulated wafer, originally created in Italy in 1959.

ice-creamfrozen-dessertcone
MagnumFood Beverage

Magnum

Owned by The Magnum Ice Cream Company N.V.

Premium ice cream brand known for chocolate-coated ice cream bars. Founded by Unilever in 1989. Now owned by The Magnum Ice Cream Company (TMICC), which demerged from Unilever in December 2025. TMICC trades on Euronext Amsterdam, LSE, and NYSE under ticker MICC. Available in over 80 countries. One of four billion-euro ice cream brands in TMICC's portfolio.

ice-creampremium-dessertchocolate
Wall'sFood Beverage

Wall's

Owned by The Magnum Ice Cream Company N.V.

British ice cream brand founded in 1922, now owned by The Magnum Ice Cream Company (TMICC) following its demerger from Unilever in December 2025. Known for Cornetto, Twister, Feast, Calippo, and Solero. Part of the Heartbrand umbrella sold in over 80 markets worldwide.

ice-creamfrozen-treatscornetto
View all brands owned by The Magnum Ice Cream Company N.V.

Breyers Ownership: Pros & Cons

Advantages

  • +Over 160 years of heritage as America's oldest ice cream manufacturer
  • +Now part of TMICC, a dedicated ice cream business with focused strategy and independent listing (NYSE: MICC)
  • +Strong brand recognition and consumer loyalty across generations
  • +Number one large sized premium packaged ice cream in the United States
  • +Wide distribution through established retail channels across North America
  • +Portfolio of product lines serving both indulgent and health-conscious consumers
  • +January 2026 Sundae Swirls launch demonstrating product innovation capability
  • +TMICC's global scale (32 factories, 80 countries) providing supply chain advantages

Considerations

  • -Consumer complaints about transition to frozen dairy desserts with lower butterfat content
  • -Intense competition from premium and private label ice cream brands
  • -8.85 million dollar class action settlement over natural vanilla labeling claims
  • -Environmental impact of packaging and dairy ingredient sourcing
  • -Navigating changing consumer preferences toward premium and plant-based frozen desserts
  • -Ongoing TSA (transition service agreement) dependence on Unilever through end of 2027
  • -Unilever's retained 19.9% stake in TMICC creating potential strategic uncertainty

Frequently Asked Questions About Breyers

Sources & Further Reading

  • Breyers Official Website -
  • The Magnum Ice Cream Company Corporate Website -
  • TMICC Investor FAQ -
  • TMICC Demerger Information -
  • TMICC H1 2026 Results -
  • TMICC SEC Filing (424B3 Prospectus) -
  • TMICC SEC Filing (6-K, June 30, 2026) -
  • Morningstar: Breyers Sundae Swirls Launch -
  • Refrigerated and Frozen Foods: Breyers Sundae Swirls -
  • Source86: Breyers Sundae Swirls Review -
  • Dairy Foods: Breyers Good Humor Collaboration -
  • Breyers Vanilla Ice Cream Settlement -
  • TODAY: Breyers Chocolate Truffle Recall -
  • Food Dive: Unilever Sustainability Funding -
  • Wikidata: Breyers -

Competitors to Breyers

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
Dreyer'sDreyer's
Nestle
United Kingdom (Froneri)
1928
Mass marketUnited statesAll Genders
PhiladelphiaPhiladelphia
Kraft Heinz
USA
1872
Mass marketGlobalAll Genders
Ben & Jerry'sBen & Jerry'sSister Brand
The Magnum Ice Cream Company
USA
1978
PremiumGlobalAll-ages
CornettoCornettoSister Brand
Unilever
Netherlands
1959
Mass marketUnited kingdomAll Genders

Learn More About Competitors

Dreyer'sFood Beverage

Dreyer's

Owned by Nestlé S.A.

American ice cream brand founded in 1928. Sold by Nestle to Froneri in 2020. Marketed as Edy's in the eastern United States.

ice-creamfrozen-dessertfrozen-treats
PhiladelphiaFood Beverage

Philadelphia

Owned by Kraft Heinz Company

Cream cheese brand owned by Kraft Heinz. Created in 1872 by William Lawrence in Chester, New York. Sold in over 90 countries with annual revenue exceeding 1 billion USD.

cream-cheesedairyspreads
Ben & Jerry'sFood Beverage

Ben & Jerry's

Owned by The Magnum Ice Cream Company N.V.

American ice cream company known for unique flavors and social activism, now owned by The Magnum Ice Cream Company following Unilever's December 2025 demerger.

ice-creamdessertfrozen
CornettoFood Beverage

Cornetto

Owned by Unilever plc

Ice cream cone brand with a chocolate-insulated wafer, originally created in Italy in 1959.

ice-creamfrozen-dessertcone

Competitive Analysis

Market Positioning: Breyers competes with 4 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Breyers

Looking for brands with different ownership structures? These similar brands are not owned by The Magnum Ice Cream Company N.V., giving you alternative choices that support different corporate structures.

BarillaFood Beverage

Barilla

Owned by Barilla Group

Italian pasta and food brand owned by Barilla Group, a leading global pasta and sauce manufacturer.

pastafooditalian
Privately Owned

Barilla is privately owned, unlike Breyers which is under a publicly traded parent company.

CelebrationsFood Beverage

Celebrations

Owned by Mars, Incorporated

British chocolate assortment brand featuring a variety of chocolate candies, owned by Mars, Incorporated and distributed globally.

chocolateassortmentcandies
Privately Owned

Celebrations is privately owned, unlike Breyers which is under a publicly traded parent company.

Froot LoopsFood Beverage

Froot Loops

Owned by Ferrero

American colorful ring-shaped corn cereal with fruit-flavored sweetness, introduced in 1963 by Kellogg's. Known for its toucan mascot Toucan Sam and the "Follow your nose" advertising slogan.

breakfast-cerealkids-cerealcolored-cereal
Privately Owned

Froot Loops is privately owned, unlike Breyers which is under a publicly traded parent company.

Frosted FlakesFood Beverage

Frosted Flakes

Owned by Ferrero

American sweetened corn flake cereal introduced in 1952 as Sugar Frosted Flakes by Kellogg's. One of the best-selling breakfast cereals in the United States, famous for the Tony the Tiger mascot.

breakfast-cerealcerealkids-cereal
Privately Owned

Frosted Flakes is privately owned, unlike Breyers which is under a publicly traded parent company.

Galaxy ChocolateFood Beverage

Galaxy Chocolate

Owned by Mars, Incorporated

British chocolate brand owned by Mars, Incorporated, known for smooth and creamy chocolate bars and confectionery products.

chocolatechocolate-barsconfectionery
Privately Owned

Galaxy Chocolate is privately owned, unlike Breyers which is under a publicly traded parent company.

Krispy KremeFood Beverage

Krispy Kreme

Owned by JAB Holding Company

American doughnut brand founded in 1937, publicly traded on NASDAQ (DNUT) with JAB Holding as largest shareholder at 43%. Operates over 2,100 shops globally with a hub-and-spoke distribution model.

doughnutsbakeryfood-beverage
Privately Owned

Krispy Kreme is privately owned, unlike Breyers which is under a publicly traded parent company.

The Magnum Ice Cream Company N.V. Stock Information

Jobs at The Magnum Ice Cream Company N.V.

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Last reviewed: July 15, 2026 · Reviewed by Who Brands Editorial Team