Rimi Baltic Group

Riga, Latvia Founded: 2005 • Age: 21 yrs
Baltic Retailer

About Rimi Baltic Group

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

  • Headquarter Riga, Latvia
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rimi Inc
Operational Areas
Retail → Consumer & Fashion Retail
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    N/A

    (Mar 05, 2025)

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Funding Insights of Rimi Baltic Group

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Rimi Baltic Group

Rimi Baltic Group has secured backing from 1 investor. Prominent investors backing the company include Salling Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Salling Group is recognized as Denmark's largest grocery retailer.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Rimi Baltic Group

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Rimi Baltic Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Rimi Baltic Group Comparisons

Employees
+
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Competitors of Rimi Baltic Group

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Rimi Baltic Group

Frequently Asked Questions about Rimi Baltic Group

When was Rimi Baltic Group founded?

Rimi Baltic Group was founded in 2005.

Where is Rimi Baltic Group located?

Rimi Baltic Group is headquartered in Riga, Latvia.

What does Rimi Baltic Group do?

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.

Who are Rimi Baltic Group's investors?

Rimi Baltic Group has 1 investor. Key investors include Salling Group.

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