ICA (Inköps-Centralen Aktiebolag) is a Swedish corporate group in the retail business. The company was started in 1938, based on a business model which was introduced by Hakonbolagen since 1917. The company was owned by the participating retailers until 2000 when half of the company was sold to the Dutch retailer Royal Ahold. Royal Ahold is however prevented by contractual obligation not to exercise majority control over ICA even if it later should acquire a majority of the shares. Most of its operations are based in Scandinavia, and the company is the largest retail company in the Nordic countries.
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