ICA AB grows in Lithuania
ICA AB grows in Lithuania - acquires 12 stores from the Vikonda Group ICA Baltic AB's joint-venture partner in Lithuania, UAB Ekovalda, has signed a final sales and purchase agreement with the Vikonda Group to acquire 12 food- retail stores in Lithuania. Ekovalda currently owns and operates 13 supermarkets in Lithuania under the brand name "EKO". - Lithuanias population of 3,7 million represents a major market opportunity for ICA. This agreement with the Vikonda Group gives us opportunity to increase our market share significantly, says Svante Nilsson, President of ICA AB. - The Vikonda