SIA Rimi Baltic has signed a share purchase agreement to acquire 100% shares of HAVI Logistics SIA, marking a significant step toward strengthening its supply chain capabilities across the Baltic region.
The transaction is currently subject to approval by the Competition Council.
Rimi Baltic is acquiring Havi Logistic SIA, which owns shares of Havi Logistics UAB and Havi Logistics OU in all three Baltic countries, including approximately 800 employees who will join the Rimi Baltic Group.
This deal reflects Rimi’s strategic decision to insource logistics operations, enhancing efficiency, flexibility, and independence from third-party providers.
Havi Logistic SIA and its subsidiaries in Estonia and Lithuania has been providing warehouse services that cover a wide range of activities, including goods handling, picking, labeling, sorting, return logistics, and other value-added services that ensure efficient and accurate order fulfillment.
“Supply chain is at the heart of retail. By integrating warehouse services, we gain greater control, unlock opportunities for innovation, and ensure we can deliver the best solutions for our customers. This acquisition will allow us to improve cost predictability and make faster decisions across the entire supply chain. Our immediate priority is a seamless integration and maintaining service quality, while our long-term goal is to leverage this acquisition to drive innovation and strengthen our competitive position,” says Giedrius Bandzevičius, CEO of Rimi Baltic.
“Supply chains succeed when people, processes, and technology work as one. Integrating transportation, warehousing, and infrastructure management across the Baltics will allow our teams to collaborate more closely, respond faster to change, and build a more resilient operation. This step strengthens our ability to ensure stable, efficient service and deliver the value our customers expect from Rimi,” says Kristīne Pojasņikova, Logistic and Supply Chain Director of Rimi Baltic.
The agreement has been signed, and following regulatory approval, gradual integration will begin immediately after closing, ensuring a smooth transition with no disruption to service delivery.
About Rimi Baltic
Rimi Baltic is one of the leading retail chains in the Baltic region, operating in Latvia, Lithuania, and Estonia with more than 12 000 employees. With a network of over 315 stores, a strong e-commerce platform, and a commitment to sustainability, Rimi Baltic serves millions of customers every year. The company is part of Salling Group, one of Denmark’s largest retail groups, known for its focus on innovation, customer experience, and responsible business practices. Rimi Baltic strives to deliver high-quality products, convenient shopping solutions, and long-term value for customers, employees, and society.