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Home > Company Index > Retail > Grocery Retailing > ICA Ahold AB

ICA Ahold AB
 PROFILE
ICA Ahold has a royal hold on the Nordic grocery market. Scandinavia's #1 grocery chain, it operates some 4,600 retailer-owned member stores that include RIMI discount stores, Nära and SparMat neighborhood shops, ICA Supermarkets, and Maxi hypermarkets -- mostly in Sweden and Norway, but also in Denmark, Estonia, Latvia, and Lithuania. Other interests include a 50% stake in 1,500 Statoil gas stations in Scandinavia, an institutional food supplier, and forays into banking and telecom services. Global food giant Royal Ahold owns 50% of the group. ICA Forbundet (owned by the company's retailers) and Canica (formed by the Hagen family) own the rest. ICA was created in 1999 when ICA Handlarnas bought Norway's Hakon Gruppen.

 COMPETITION
Axel Johnson AB (dossier)
Kooperativa Forbundet Group (dossier)
NorgesGruppen A/S (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 6,275.60
1-Yr. Sales Growth: (7.9)%
Employees: 11,769
Revenue per employee: $533,231.37

 KEY PEOPLE
• Kenneth Bengtsson
    CEO
• Johan Rohss
    CFO

 CONTACT INFO
170 85
Solna, Sweden
Phone: 46-8-585-50-000
Fax: 46-8-585-50-009
Online: Web Site

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