Feb 18 • 05:27 UTC 🇱🇻 Latvia LSM

Competition Authority allows 'Rimi Baltic' to acquire warehouse service provider 'Havi Logistics'

The Competition Authority of Latvia has approved the merger of Rimi Baltic and Havi Logistics, concluding that it will not significantly affect market competition.

The Competition Authority of Latvia has conducted a thorough analysis regarding the merger between Rimi Baltic and Havi Logistics, ultimately concluding that the acquisition will not lead to significant changes in market structure or competition in the sectors where both companies operate. This decision allows Rimi Baltic, a major retail chain in the Baltic region, to expand its logistics capabilities without resulting in a dominant market position.

Havi Logistics is a notable warehouse service provider in Latvia, Estonia, and Lithuania, offering a variety of logistics services including goods processing, picking, labeling, sorting, and return logistics. The acquisition is viewed as a strategic move for Rimi Baltic, which already manages a vast network of over 315 stores across the Baltic states and employs over 12,000 people. By integrating Havi Logistics' services, Rimi aims to enhance its operational efficiency and support its growth in the competitive retail market.

Overall, the approval from the Competition Authority reflects a balance between fostering market competition while also recognizing the practical benefits that such mergers can bring. This decision will ensure that Rimi Baltic can efficiently manage its supply chain operations while continuing to provide competitive pricing and services to its customers across Latvia, Lithuania, and Estonia.

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