 | This article needs to be updated. (October 2016) |
 | |
| Company type | Private Aktiebolag |
|---|---|
| ICCGF, ICA.ST | |
| Genre | Retailing, banking |
| Founded | 1938 |
| Headquarters | , |
Area served | Sweden, Latvia, Norway, Lithuania and Estonia |
Key people | Nina Jönsson (CEO), Peter Muld (Chief Information Officer)[1] |
| Revenue | SEK136 billion €12.8 billion (2022)[2] |
Number of employees | 24,000[2] |
| Subsidiaries | ICA Sverige AB ICA Norge AS Rimi Baltic ICA Banken Apotek Hjärtat AB ICA Fastigheter AB |
| Website | www |
ICA Gruppen AB (Swedish pronunciation: [ˈîːka]; "ICA Group"; from Inköpscentralernas aktiebolag, lit. 'the Purchasing Centres' Corporation') is a Swedish retailer franchise with a focus on food and health. The group also owns a bank, real estate division and a pharmacy chain.
The company was started in 1938, based on a business model which was introduced by Hakonbolagen in 1917. Most of its operations are based in Scandinavia, and the company is the second largest retail company in the Nordic countries[citation needed].
The company was owned by the participating retailers until 2000 when half of the company was sold to the Dutch retailer Ahold. It acquired a further 10% in 2004. Ahold is prevented by contractual obligation from exercising majority control over ICA. In 2013 Ahold sold its shares to Hakon for $3.1bn.[3] In 2019, Hemtex was sold to Norwegian home textile chain Kid ASA.[4]
- ^ "Peter Muld Named CIO Of ICA Gruppen And ICA Sweden".
- ^ a b "ICA Gruppen in brief". www.icagruppen.se. Retrieved 2023-05-11.
- ^ "Ahold selling its stake in Sweden's ICA to Hakon for $3.1bn".
- ^ "ICA sells all shares in Hemtex to Kid" (in Swedish). ICA. 2019-05-14. Archived from the original on 2020-10-17.