Sweden

Sweden’s Axfood Posts 5.1% Increase In Consolidated Net Sales In 2016

Swedish retailer Axfood has said that 2016 was its ‘best year’ to date, as the retailer posted a consolidated net sales increase of 5.1% to SEK...

ICA Gruppen Completes Sale Of ICA Eiendom Norge

Swedish retailer ICA Gruppen confirmed today that its real estate arm had completed the sale of ICA Eiendom Norge AS to the Union Real Estate Fund II,...

Paper Products Group SCA Sees Operating Profit Rise 3% In FY 2016

Swedish paper products firm Svenska Cellulosa AB, which produces the Velvet and Cushelle brands among others, has posted a 3% rise in operating profit to S...

Axfood Matse Takeover Approved By Swedish Authorities

Swedish food retailer and wholesaler Axfood has announced that the Swedish Competition Authority has approved the company's planned acquisition of Mat...

Scandinavia's Axfood And Norgesgruppen Acquire Eurocash

Swedish and Norwegian retailers Axfood and Norgesgruppen have acquired Eurocash AB, the second-largest food retailer on the Swedish-Norwegian border. Ax...

Sweden’s ICA Sees Sales Rise 1.6% In December 2016

Swedish retailer ICA has said that sales in its domestic stores rose by 1.6% in December 2016, compared to the previous year. Like-for-like sales were...

Sweden’s ICA Gruppen To Acquire Lithuania’s IKI

Swedish retail group ICA has announced that it has signed an agreement to acquire Lithuanian-based UAB Palink, which operates the grocery-retail business I...

Sweden's Axfood Makes Bid For Etailer Mat.se

Sweden's Axfood's has made a cash offer to shareholders to acquire Matse Holding AB(mat.se), a leading pure play online retailer, the company announced Thu...