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Suomen Lähikauppa Oy

Status
Realised
Country
Finland
Strategy
Mid Cap
Sector
Consumer
Entry
Aug-05
Exit
Feb-12
Fund
IK 2000

Leading neighbourhood store chain and daily goods retailer

Suomen Lähikauppa (SLK) (formerly Tradeka)  is the market leader in the Finnish neighbourhood store segment and overall the third largest daily goods retailer in Finland. SLK has around 740 stores and approximately 6,800 employees, with headquarters in Helsinki, Finland.

In August 2005, the IK 2000 Fund acquired a 32% stake in the combined daily goods retail business of Tradeka Oy and Ruokamarkkinat Oy. Operations were merged to form SLK, which was later sold to Triton in February 2012.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Leverage market leader position in the neighbourhood store segment;
  • Pursue customer service improvements; and
  • Strengthen category management, supply chain excellence and in-store operations.