The ICA Idea – independent retailers working in cooperation
ICA is built upon the ICA Idea, which entails that independent retailers own and run grocery stores with access to economies and scale and a shared brand.
ICA – a start-up story from 1917
When he was 34 he’d had enough of the industry’s dynamics and structures. So he started his own company – with a set-up that was completely contrary to what existed at the time – and in the process he changed the entire industry.
Engaged, active and long-term
ICA-handlarnas Förbund (the Association of ICA Retailers) is the long-term majority owner of ICA Gruppen with an ownership stake of 54 %. Our ambition is to ensure that ICA continues to develop in a positive direction and that we work continuously to ensure that ICA Gruppen, its shareholders and the ICA stores benefit from strong, long-term and stable growth.
ICA-handlarnas Förbund’s corporate governance model is based on a structured process for creating long-term growth in the value of our holdings.
ICA-handlarnas Förbund has assets that grow through continuous management and through shares in ICA Gruppen that carry entitlement to dividends. Our assets primarily give us the means to maintain and secure our majority ownership in ICA Gruppen and to serve as a responsible principal owner.
About ICA Gruppen
ICA Gruppen is the market leader in Sweden in grocery retail and one of the largest grocery retailers in the Nordic region, with focus on food and health. ICA Gruppen’s shares are listed on Nasdaq Stockholm in the Large Cap segment.
ICA Gruppen´s action plan
ICA-handlarnas Förbund is an engaged, responsible and long-term owner of ICA Gruppen. Our ambition is to drive ICA Gruppen’s development in a continued positive direction, and we work continuously to ensure that ICA Gruppen, its shareholders and the ICA stores benefit from strong, long-term and stable growth.