Sweden: Salling Group to acquire Rimi Baltic from ICA Gruppen
Denmark’s largest retailer Salling Group has acquired Rimi Baltic, a retail chain active in the Baltic States, from Swedish grocery retailer ICA Gruppen for €1.3 billion ($1.4 billion), excluding debt. The deal, reportedly the largest in Salling Group’s history, is described as being in line with the ambitions of the company’s Aspire ’28 business strategy, […]