Inter IKEA Group Newsroom

Corporate

Torbjörn Lööf joins Inter IKEA Holding B.V. Supervisory Board

Torbjörn Lööf becomes a new member of the Supervisory Board of Inter IKEA Holding B.V., starting his assignment on August 1, 2025.

Corporate

13 December 2024

Inter IKEA Group completes acquisition of IKEA retail business in the Baltics

Inter IKEA Group¹ announces the completion of the acquisition of the IKEA retail operations in Estonia, Latvia and Lithuania. The purchase includes three full size IKEA stores, five additional smaller customer meeting points, e-commerce and the Digital Retail Development company.

Corporate

Inter IKEA Group acquires forestland in Latvia

Inter IKEA Group has signed an agreement to acquire its first set of forestlands in Latvia. This acquisition will allow IKEA to govern a part of its wood supply in the Baltics and contribute to the development of new methods for responsible forest management within the IKEA value chain.

Corporate

A year of investment to build a stronger IKEA for the future

Inter IKEA Group improves its gross margin while lowering prices and reports a stable operating profit for financial year 2024 (FY24)¹. Costs have continued to come down during FY24, enabling lower prices for IKEA customers which is positively impacting store visitation and volumes.

Corporate

Inter IKEA Group acquires the IKEA retail business in the Baltics

Inter IKEA Group¹ has signed a share and purchase agreement with the owner of IKEA Baltics, to acquire the IKEA retail operations in Estonia, Latvia and Lithuania.

Corporate

Museum of Furniture Studies Stockholm moves to Älmhult

Älmhult is set to become a global destination for design. This is the long-term goal as IKEA Älmhult AB acquires The Museum of Furniture Studies, the acclaimed institution founded by architects Kersti Sandin and Lars Bülow. Following the acquisition, one of the most comprehensive private furniture collections in Northern Europe will once again be accessible to the general public, but now in Älmhult, in the southern Swedish province of Småland.