ICA Gruppen’s acquisition of Apotek Hjärtat AB was completed in January 2015. ICA already conducts (since 2010) pharmacy operations through the Cura pharmacies which after the acquisition will be reprofiled to Apotek Hjärtat. This acquisition makes ICA Gruppen the second-largest player in the Swedish pharmacy market with a market share of approximately 30% and about 390 pharmacies. Apotek Hjärtat have combined sales in excess of SEK 12 billion, of which approximately SEK 3 billion in the personal care sector.
Apotek Hjärtat is Sweden’s largest private pharmacy chain. Apotek Hjärtat has pharmacies throughout Sweden – in major cities, provincial towns and rural areas. Almost 70 pharmacies are adjacent to major ICA stores with generous opening hours making it easy to go to the pharmacy at the same time as doing other shopping at ICA.
Key figures 2015
|Sales||SEK 12,290 million|
excluding non-recurring items:
SEK 209 million
|Total number of stores:||390|
|Average number of employees:||3,113|