Swedish Competition Authority approves acquisition of Apotek Hjärtat
The Swedish Competition Authority has decided to approve ICA Gruppen’s acquisition of Apotek Hjärtat without restrictions. This means that conditions for the acquisition have been met. The acquisition is expected to be completed on 15 January.
Approval of this deal also means that the work of integrating Cura pharmacies and Apotek Hjärtat can now start. The new company will be reported as a separate segment from the first quarterly report this year. The intended CEO of the new company is Anders Nyberg, previously CEO of Apotek Hjärtat.
For further information, please contact
ICA Gruppen’s press service, telephone: +46 10 422 52 52
ICA Gruppen AB discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 13.00 CET on Friday, 9th January 2015.
ICA Gruppen AB (publ) is one of the Nordic region’s leading retail companies, with around 2,300 of its own and retailer-owned stores in Sweden, Norway, Estonia, Latvia and Lithuania. The Group includes the retail companies ICA Sweden, ICA Norway and Rimi Baltic, ICA Real Estate, which owns and manages properties and ICA Bank, which offers financial services to Swedish customers. The Group also includes the wholly owned portfolio company inkClub and partly owned portfolio companies Cervera and Hemtex. For more information see icagruppen.se