ICA Gruppen in brief

Focus on food and health

ICA Gruppen’s core business is grocery retail. The Group includes ICA Sweden and Rimi Baltic which mainly conduct grocery retail, ICA Real Estate which owns and manages properties, ICA Bank which offers financial services and, since January 2015, Apotek Hjärtat which conducts pharmacy operations.

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  • Our segments
  • ICA Sweden
  • Rimi Baltic
  • Apotek Hjärtat
  • ICA Bank
  • ICA Real Estate

Our segments

ICA Gruppen’s operations are divided into segments: ICA Sweden, Rimi Baltic, Apotek Hjärtat, ICA Real Estate and ICA Bank. The core business is grocery retail. Other activities must support the core business and provide scope for further development towards new business opportunities.

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ICA Sweden

- The leading grocery retailer in Sweden

With around 1,300 stores and a market share of around 36%, ICA Sweden is the leading grocery retailer in the country. The business is operated in cooperation with independent ICA retailers. They each own and operate their own store, which makes it possible for them to tailor concepts and offers to local demand...

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Rimi Baltic

- Stable position in a growing market

Rimi Baltic conducts grocery retail business via 284 wholly owned stores in Estonia, Latvia and Lithuania. Store formats include Rimi Hyper, Rimi Super, Rimi Mini and Rimi Express. Rimi Baltic also includes the properties owned by the Group in the three Baltic countries.

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Apotek Hjärtat

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 become reprofiled to Apotek Hjärtat. This acquisition makes ICA Gruppen the second-largest player in the Swedish pharmacy market with a market share of approximately 31% and about 390 pharmacies.

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ICA Bank

- A more everyday bank

ICA Bank fulfils several important functions. In addition to providing user-friendly banking services, ICA Bank is also helping to improve loyalty to the ICA stores while reducing the cost of the financial flows in the ICA system.

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ICA Real Estate

- The largest property company in the Nordics with focus on retail

ICA Real Estate is one of the largest commercial real estate firms in the retail segment in the Nordic region. The overall mission is to meet the Group’s long-term need for appropriate properties in the right locations in Sweden.

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Innovation

For us at ICA Gruppen, innovation is about continual improvement in all areas of the business. Here you can read more about how we look at innovation as well as some examples of what we have done and are doing to continually improve our operations.

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Our history

Hakon Swenson started Hakonbolaget in 1917 from which today’s ICA originated. The heart of the idea even back then was for individual retailers with their own stores to join forces and form purchasing centres so that, through coordinated purchasing and other forms of collaboration, they could achieve the same economies of scale as chain enterprises.

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