Odd Reitan

Odd Reitan is a Norwegian billionaire businessman. He was born in Trondheim. He is co-owner and CEO of the Reitan Group.

  • Odd Reitan is the sole owner of Reitangruppen, which is one of the largest chains of grocery stores in Norway.
  • The son of single-store grocers, he opened his own shop in 1972 named AS Sjokkpris, or “Chocking price.”
  • Now his privately held Reitangruppen owns grocery and convenience stores throughout Scandinavia and the Baltic, and employs 38,000 people.
  • Reitan’s son, Ole Robert, is the Administrative director of grocery chain REMA 1000; son Magnus oversees Reitan Convenience.