ICA Gruppen

ICA Gruppen AB is a Swedish retailer with a focus on food and health. The group also owns a bank, real estate division, a pharmacy chain and the Hemtex soft furnishings chain. The company was started in 1938, based on a business model which was introduced by Hakonbolagen in 1917.

ICA Gruppen AB engages mainly in grocery retail and investment in retail companies. It operates through the following segments: ICA Sweden, Rimi Baltic, Pharmacy Operation, ICA Bank, ICA Real Estate, and Portfolio Companies. The ICA Sweden segment operates grocery retail stores. The Rimi Baltic segment operates stores in Estonia, Latvia, and Lithuania. The ICA Bank segment provides banking services. The ICA Real Estate segment constructs, manages, and leases commercial properties. The Apotek Hjärtat segment conducts pharmacy operations. The Portfolio Companies segment owns hemtex and inkClub retail companies. The company was founded in 1917 and is headquartered in Stockholm, Sweden.