Cornetto is owned by The Magnum Ice Cream Company (the Netherlands, AEX: MAGNUM), which was separated from Unilever on 8 December 2025.[1][2][3] Before The Magnum Ice Cream Company, Cornetto was owned by Unilever to 2025.[2]
Cornetto is a filled ice cream cone created in Italy in 1959 and made commercially viable in 1976, when a chocolate lining was added to stop the wafer going soft. It is sold worldwide under the same heart logo as Wall's and its various local names, and remains one of the largest cone brands.
Unilever separated its ice cream business as The Magnum Ice Cream Company, whose shares were admitted to trading on Euronext Amsterdam, the London Stock Exchange and the New York Stock Exchange on 8 December 2025. Unilever shareholders received shares in the new company as a demerger dividend, and Unilever retained a 19.9% stake at admission.
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Frequently asked questions
Who is the parent company of Cornetto?
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The parent company of Cornetto is The Magnum Ice Cream Company, a publicly listed company headquartered in the Netherlands.
Is Cornetto Italian or Dutch?
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Cornetto originated in Italy in 1959, but it is owned today by The Magnum Ice Cream Company, which is headquartered in the Netherlands. So Cornetto is an Italian-origin brand under Dutch ownership.
Since when has The Magnum Ice Cream Company owned Cornetto?
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The Magnum Ice Cream Company has owned Cornetto since 8 December 2025.
Who owned Cornetto before The Magnum Ice Cream Company?
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Before The Magnum Ice Cream Company, Cornetto was owned by Unilever until 2025.
Is Cornetto still owned by The Magnum Ice Cream Company?
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Yes. As of 16 September 2026, Cornetto is still owned by The Magnum Ice Cream Company. The ownership record was last checked against primary sources on that date.
Sources (3) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.