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ICA Gruppen
ICA Gruppen is a group whose core business is grocery retail (dagligvaror). Operations are divided into the segments ICA Sverige, Apotek Hjärtat, ICA...
ICA Gruppen
ICA Gruppen is a group whose core business is grocery retail (dagligvaror). Operations are divided into the segments ICA Sverige, Apotek Hjärtat, ICA Fastigheter and ICA Banken. The group is mainly active in Sweden and has approximately 1,660 own and retailer-owned stores and pharmacies. Its vision is to make every day a little easier.
General information
Firm type
Private Equity
Year founded
1917
Location
Region
Europe
Country
Sweden
City
Solna
Corporate office
Solna, Sweden
Principals
Gabriella Ohlzon
Pressansvarig
Edvard Lind
Tf. chef Opinion och press
Gustaf Nilsson
Pressansvarig
Helena Johansson
Pressansvarig
Sector focus
Frequently asked questions
How does ICA Banken fit into the wider ICA Gruppen model?
ICA Banken uses the high footfall of ICA's grocery network in Sweden to cross-sell retail banking, mortgages, and insurance. With over one million customers, it acquires depositors and borrowers at lower cost than standalone banks. The bank's revenue streams stabilize group earnings against grocery margin fluctuations.
What is the role of ICA Fastigheter in the group?
ICA Fastigheter owns and manages commercial real estate that houses ICA stores and other retail units. By controlling the property, the group locks in location costs and captures property appreciation rather than paying external landlords. The division also develops and acquires assets aligned with the core grocery footprint.
What investment strategies does ICA Gruppen employ?
The group runs a corporate holding model rather than a traditional buyout fund. It integrates buy-and-build in grocery retail, real estate investment through ICA Fastigheter, retail banking growth at ICA Banken, and healthcare-adjacent pharmacy operations via Apotek Hjärtat. Historically tagged strategies include buyout, growth, and restructuring, applied across its operating subsidiaries.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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