ICA previously owned 33 Rimi stores (supermarkets and compact hypermarkets) across Estonia, Latvia, and Lithuania.

[citation needed] On December 23, 2016, ICA Gruppen concluded an agreement on the purchase of the Lithuanian company UAB Palink for EUR 213 million.

[5] The Lithuanian Competition Council authorized this acquisition in October 2017 on the condition that 17 Rimi and Iki stores in Vilnius, Kaunas, Klaipeda and Panevezys will be sold to third parties.

The council did not support them on the grounds that these buyers "would not provide stable and at least as effective competition" as the current company until the deal is implemented.

Rimi Baltic operates a grocery retail business and has 297 wholly owned stores in Estonia, Latvia and Lithuania.