Rimi Baltic is a grocery retailer operating in Estonia, Latvia and Lithuania through the store concepts Rimi Hypermarket, Rimi Supermarket, Supernetto and Säästumarket. In total there are 258 stores: 83 in Estonia, 119 in Latvia and 56 in Lithuania.

Acquisition of IKI

At the end of 2016 ICA Gruppen signed an agreement to acquire UAB Palink, which operates the grocery retail chain IKI, for EUR 213 million on a cash and debt free basis. IKI is the second largest player in the Lithuanian grocery retail market with a market share of around 15% in 2015 and a nationwide store network of approximately 230 stores.

The acquisition, which is subject to competition authorities approval, will take Rimi Baltic from being the fourth largest to the second largest player in the growing Lithuanian grocery retail market.

Store profiles:

 

Rimi Hypermarket
Everything under one roof at good prices. Wide selection of competitively priced food, combined with non-food such as housewares and sporting goods. Three formats: large, compact and small.

 

Rimi Supermarket
Wide selection for food lovers with a focus on fresh food and good service for everyday needs. Located close to where customers live and work.

 

Supernetto och Säästumarket
Supernetto is a discount concept in Latvia emphasising price and a wide selection of everyday items. Säästumarket is a similar type of discount store in Estonia.

Key figures 2016