ICA Gruppen is investing EUR 75 million in new infrastructure for Rimi Baltic


ICA Gruppen has decided to expand and renovate its central warehouse and head
office for Rimi Baltic. The investment will amount to an estimated EUR 75
million, equivalent to around SEK 700 million, and will be implemented between
2016 and 2018. The new warehouse will allow for an entirely new infrastructure
for the whole Baltic market.
EUR 64 million of the total investment is for the warehouse renovation and EUR
11 for the offices. The property is in Riga and after the expansion it will be
94,500 m2in size, a net increase of 35,000 m2compared to the situation today,
which comprises both owned and rented warehouse space. Under the investment plan
around two thirds will be invested in 2016 and 2017, and the remainder in 2018.

When the central warehouse is expanded, warehousing operations in Latvia will be
consolidated to the facility in Riga, and the central warehousing department for
the Baltic countries will be expanded.

With the strong growth taking place in the Baltics, the current warehouse and
offices in Latvia are no longer adequate. In addition to adding more space, the
investment will enable the buildings to be modernised and adapted to today’s
needs.

Rimi Baltic is a grocery retailer operating in Estonia, Latvia and Lithuania
through the store concepts Rimi Hypermarket, Rimi Supermarket, Supernetto and
Säästumarket. Sales in 2014 amounted to SEK 11,632 million and operating income
excluding non-recurring items was SEK 383 million.

For more information
ICA Gruppen press service, telephone number: +46 10 422 52 52

ICA Gruppen 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 8.30 a.m. CET on Friday 4 December 2015.
ICA Gruppen AB (publ) is a leading retail company with a focus on food and
health. The Group includes ICA Sweden and Rimi Baltic which mainly conduct
grocery retail, ICA Real Estate which owns and manages properties, ICA Bank
which offers financial services and Apotek Hjärtat which conducts pharmacy
operations. The Group also includes the portfolio companies inkClub and Hemtex.
For more information see icagruppen.se

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