RetailDetail EU
Europe - EN
  • België - NL
  • Belgique - FR
  • Nederland - NL
  • Europe - EN
  • Newsletter
  • Contact & Route
Members' area
  • Log in
  • Become a member
  • News
    • Food
    • Fashion
    • Home
    • Electronics
    • Beauty/Care
    • DIY/Garden
    • Leisure
    • General
  • Events
    • OVERVIEW EVENTS
    • EVENT PARTNERSHIPS
  • Advertising
    • PRINT ADVERTISING
    • ONLINE ADVERTISING
  • Members’ area
RetailDetail EU
Europe - EN
  • België - NL
  • Belgique - FR
  • Nederland - NL
  • Europe - EN
  • Newsletter
  • Contact & Route
  • News
    • Food
    • Fashion
    • Home
    • Electronics
    • Beauty/Care
    • DIY/Garden
    • Leisure
    • General
  • Events
    • OVERVIEW EVENTS
    • EVENT PARTNERSHIPS
  • Advertising
    • PRINT ADVERTISING
    • ONLINE ADVERTISING
  • Members’ area
Members' area
  • Log in
  • Become a member
thumb
Written by Stefan Van Rompaey
In this article
  • Companies Salling Group
  • Topics Acquisition
  • Geography Scandinavia
Share article
  • facebook
  • instagram
  • twitter
  • linkedin
  • email

Danish market leader enters Baltics after acquisition

icon
Food5 March, 2025
Shutterstock.com

The Danish Salling Group has acquired Rimi‘s 314 supermarkets in Estonia, Latvia and Lithuania from Sweden’s ICA Gruppen. This will make the Danish retailer the number two in the Baltic states.

Synergy

Rimi is the second-largest player in the Baltic market, with its 314 stores and more than 11,000 employees. Last year, the company recorded a turnover of almost two billion euros and an operating profit of 77 million euros. ICA, Sweden’s largest food retailer, had owned Rimi since 2007, but now it wants to focus on the Swedish market.

Salling Group is paying 1.3 billion euros for the acquisition, which still has to be approved by the authorities. The retailer sees synergy potential and stresses that Rimi is currently a strong and well-run company, which will continue with the same management and concept as before in the three Baltic markets. 

Six countries

Salling Group is Denmark’s largest retailer, with chains such as Bilka, føtex and Netto. The group also operates around 1,000 Netto discount shops in Germany and Poland. After the acquisition, the company will have about 68,000 employees and almost 2,100 shops in six countries. Its turnover was 70 billion Danish kroner (9 billion euros) in 2023.

The retailer hit the headlines earlier this week with the launch of a label for European products, which should make it easier for Danes to boycott US products as anti-American sentiment has risen in the country.

More about... Food
See more
  • icon
    Food18 July, 2025
    Polish joint venture joins purchasing alliance EMD

    European purchasing alliance European Marketing Distribution (EMD) will be welcoming a number of Polish supermarkets as new members next year. Their new joint venture is runner-up in the Polish market.

  • icon
    Food18 July, 2025
    “Retailers overlook hidden costs of food waste”

    Food waste costs supermarkets worldwide ninety billion euros every year. Halving that cost could increase food retailers’ tight profit margins by more than 20 %, a new report suggests.

  • icon
    Food18 July, 2025
    E.Leclerc seeks to buy 12 French Colruyt supermarkets

    Following Intermarché‘s bid for 81 Colruyt supermarkets in France, local market leader E.Leclerc has also made a concrete offer for twelve supermarkets. The fate of the dozen remaining stores is uncertain.

Events
  • 17
    Sep
    CAPTAINS OF RETAIL 2025 – EDITION II
  • 25
    Sep
    RETAIL MARKETING DAY 2025
Most read
  • icon
    General20 June, 2025
    Fashion and hospitality boost El Corte Inglés’ profits
  • icon
    Food27 June, 2025
    Kaufland reorganizes its marketing department following Lidl’s example
  • icon
    General10 July, 2025
    “New” Pepco reports record revenue after Poundland sale
  • icon
    Fashion4 July, 2025
    New owner for struggling Le Coq Sportif
Follow RetailDetail
  • socialFacebook
  • socialTwitter
  • socialInstagram
  • sociallinkedIn
footer-logo
RetailDetail, the leading b2b-retailcommunity in the Benelux, keeps retail professionals up-to-date by means of online & offline publications, retail events, inspiring retail hunts and the unique co-creation platform The Loop, where retailers and their suppliers can experience the future of shopping.
Mailing Address
Kolveniersstraat 7, bus 26 2000 Antwerp
Visiting address
Stadsfeestzaal – Meir 78 2000 Antwerp
How to reach us:
Directions
© 2025 RetailDetail
general conditions | privacy policy
Contact us About us info@retaildetail.be
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies.
Accept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT