Rimi Baltic Group - About the company
Rimi Baltic Group is an acquired company based in Riga (Latvia), founded in 2005. It operates as a Baltic Retailer. , with last known valuation of $*****. The company has 14 active competitors, including 6 that have exited. Its top competitors include companies like Next, M&S and Hudson's Bay Company.
Company Details
The Rimi baltic group runs retail outlets in the baltic states. The group operates food retail stores in mainly three formats – Rimi hypermarkets, Rimi supermarkets, and hard discount stores Säästumarket in Estonia, Supernetto in Latvia. The company retails offers fruits, vegetables, grains and mushrooms, fancy brands, and ecological products. Rimi also sells products under its own private label. Its major brands include Rimi basic ( daily groceries), ICA ( premium products), and my wear ( apparels and accessories). In October 2006, ICA AB acquired 50 % stakes in the Rimi Baltic Group. As of 21st Novemner 2016, the group operates as a fully owned subsidiary of ICA AB, operating 251 stores with 12000 employees
- Website
- www.rimibaltic.com/
- Social
- Email ID
- *****@rimibaltic.com
- Registered Address
- Põrguvälja tee 3
Key Metrics
Founded Year
2005
Location
Riga, Latvia
Stage
Acquired
Last Known Valuation
$***** as on Mar 05, 2025
Ranked
4th among 14 active competitors
Annual Revenue
€10M - €50M as on Dec 31, 2023
Employee Count
1,428 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Sallinggroup (Mar 05, 2025)
Legal entities associated with Rimi Baltic Group
Rimi Baltic Group is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RIMI BALTIC CIN: 40003592957 , Latvia, Active | Jun 04, 2002 | €10M - €50M (As on Dec 31, 2024) | 322 (As on Dec 31, 2023) | - |
Kinnisvaravalduse AS CIN: 10434202 , Estonia, Active | Apr 27, 1998 | €10M - €50M (As on Dec 31, 2023) | - | |
Rimi Eesti Food AS CIN: 10263574 , Estonia, Active | Sep 16, 1997 | €100M - €500M (As on Dec 31, 2023) | 2749 (As on Sep 30, 2024) | |
Spordiklubi Ratta Agentuur CIN: 80302910 , Estonia, Active | Feb 04, 2010 | €0 - €1M (As on Dec 31, 2023) | - |
Rimi Baltic Group's acquisition details
Rimi Baltic Group got acquired by Sallinggroup on Mar 05, 2025 at an acquisition amount of $*****.
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Rimi Baltic Group's funding and investors
Rimi Baltic Group has not raised any funding rounds yet.
Rimi Baltic Group's founders and board of directors
Founder? Claim ProfileRimi Baltic Group's employee count trend
Rimi Baltic Group has 1,428 employees as of Aug 26. Here is Rimi Baltic Group's employee count trend over the years:
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Rimi Baltic Group's Competitors and alternates
Top competitors of Rimi Baltic Group include Next, M&S and Hudson's Bay Company. Here is the list of Top 10 competitors of Rimi Baltic Group, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Next 1982, Leicester (United Kingdom), Public | Online retailer of apparel, accessories, homeware, beauty, and furniture | - | 70/100 | |
2nd | _1530848078487.png?devicePixelRatio=2&height=30&width=30){kind=logo} M&S 1884, London (United Kingdom), Public | Retail chain of clothing, home & luxury food products | - | 67/100 | |
3rd | Hudson's Bay Company 1670, Brampton (Canada), Acquired | Department store retailer | - | 64/100 | |
4th | Rimi Baltic Group 2005, Riga (Latvia), Acquired | Baltic Retailer | - | - | 61/100 |
5th | KOOL Latvija 2016, Riga (Latvia), Acquired | Owns and operates gas station with a convenient fast shopping place | - | 41/100 | |
6th |  Latvijas Perles 2011, Ikskile (Latvia), Unfunded | Retailer of handmade gifts, decor, clothing, food, and accessories | - | - | 36/100 |
7th | Online pharmacy with a wide range of health, beauty, and skincare products, as well as supplements and medical goods | - | - | 34/100 | |
8th | Chains providing prepared foods, baked goods, and grocery items | - | - | 26/100 | |
9th | Retail company offering a network of stores and online platform for customers to purchase a range of products, including food and beverages | - | - | 25/100 | |
10th | Provider of electric and manual tools and washing equipment, with repair services available | - | - | 22/100 |
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Rimi Baltic Group's Investments and acquisitions
Rimi Baltic Group has made no investments or acquisitions yet.
Reports related to Rimi Baltic Group
Here is the latest report on Rimi Baltic Group's sector:
News related to Rimi Baltic Group
Filter this listMedia has covered Rimi Baltic Group for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
Salling Group's Baltic acquisition provides noticeable revenue boostBerlingske•Apr 27, 2026•Sallinggroup, Rimi Baltic Group
•
The European Commission has approved ICA Gruppen's divestment of Rimi Baltic to Salling GroupCision•May 05, 2025•ICA Gruppen, Rimi Baltic Group, Sallinggroup
•
EU authorizes the acquisition of Rimi Baltic by Salling GroupTeleborsa•May 05, 2025•Rimi Baltic Group, Sallinggroup
•
Pool Re seeks £100m UK terrorism catastrophe bond with third Baltic PCC issuanceArtemis•Mar 12, 2025•Pool Re, Rimi Baltic Group
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ICA Gruppen sells food retail operation Rimi Baltic for $1.39bnRetail Insight Network•Mar 06, 2025•ICA Gruppen, Rimi Baltic Group, Sallinggroup
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ICA Gruppen divests Rimi Baltic to Salling GroupCision•Mar 05, 2025•ICA Gruppen, Sallinggroup, Rimi Baltic Group, Gernandt & Danielsson
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Salling Group Agrees To Acquire Rimi Baltic From ICA GruppenEsmmagazine•Mar 05, 2025•Sallinggroup, Rimi Baltic Group, ICA Gruppen
•
Grocery retailer Rimi continues to invest in StrongPoint self-checkout tech including cash handling capabilitiesRetail Technology Innovation Hub•Nov 29, 2024•Rimi Baltic Group, StrongPoint
•
Rimi Leads Sustainable Supply Chain Transformation with IFCO’s RPCs for Fruit and Vegetable Import and Domestic Flows in the BalticsPerishableNews.com•May 15, 2024•IFCO Systems, Rimi Baltic Group
•
Rimi Baltic Expands Connected Retail Deployment with Assortment Optimization and Intelligent Clustering to Deepen Shopper Engagement and LoyaltyBusiness Wire•Feb 13, 2024•SymphonyAI, Rimi Baltic Group
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