Norwegian Competition Authority suspends ICA Norway’s co-operation with Norgesgruppen
Solna 19 april, 2013
At the end of February 2013, the Norwegian Competition Authority announced that it was considering suspending ICA Norway’s co-operation with Norgesgruppen relating to sourcing and logistics. The Authority has today decided to impose a suspension, to apply until 30 September 2013.
For ICA Norway, this decision means that the implementation process will be temporarily discontinued. ICA will now analyze the decision and will consider to appeal the decision.
For more information:
ICA’s press office, tel. +46 (0)70 253 66 60
The ICA Group (ICA AB) is one of the Nordic region’s leading retail companies, with around 2,100 of its own and retailer-owned stores in Sweden, Norway and the three Baltic states. The Group includes 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. ICA AB is a joint venture 40% owned by Hakon Invest AB and 60% by Royal Ahold N.V. of the Netherlands. According to a shareholder agreement, Royal Ahold and Hakon Invest jointly share controlling influence over ICA AB. Through Royal Ahold, ICA AB is part of an international retail network. For more information, please visit www.ica.se