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Lenta acquires O’Key in major takeover

Jun 02, 2026

Acquiring Company

Lenta

Acquired Company

O’Key

Saint PetersburgSaint PetersburgFood and BeverageGroceryRetailFood and BeverageGroceryRetail

Description

Lenta has announced its acquisition of O’Key, taking on the company's debts instead of making a cash payment. The deal includes 100% ownership of RBF-Retail, the operating company of O’Key, and its 75 hypermarkets. This acquisition is expected to solidify Lenta's control over the hypermarket sector in Russia. CEO Vladimir Sorokin highlighted this move as a key strategy for long-term growth.

Quick answer

Lenta is acquiring O’Key, announced June 2, 2026. Lenta is based in Saint Petersburg, Russia.

How much did Lenta pay for O’Key?
The deal value was not disclosed.
What does Lenta do?
Lenta is a leading supermarket chain in Russia, known for its hypermarkets and supermarkets.
Where are Lenta and O’Key based?
Lenta is based in Saint Petersburg, Russia. O’Key is based in Saint Petersburg, Russia.

Source: Fundz verified event record.

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Company Information

Company

Lenta

Location

Saint Petersburg, Russia

About

Lenta is a leading supermarket chain in Russia, known for its hypermarkets and supermarkets. The company operates a network of stores across the country, offering a wide range of products. It focuses on competitive pricing and customer service. Lenta aims to dominate the grocery sector in Russia.

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Frequently asked

Who acquired O’Key?

O’Key was acquired by Lenta, based in Saint Petersburg. The deal was reported on June 2, 2026. Lenta is a leading supermarket chain in Russia, known for its hypermarkets and supermarkets. The company operates a network of stores across the country, offering a wide range of products. Lenta is privately held and operates in Food and Beverage.

When did Lenta acquire O’Key?

Lenta's acquisition of O’Key was reported on June 2, 2026. Lenta has announced its acquisition of O’Key, taking on the company's debts instead of making a cash payment. The deal includes 100% ownership of RBF-Retail, the operating company of O’Key, and its 75 hypermarkets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does O’Key do?

O’Key is a prominent retail chain in Russia, operating hypermarkets and supermarkets. The company is recognized for its diverse product offerings and logistic capabilities. O’Key was a significant competitor in the grocery market. It is privately held, operating in Food and Beverage, and is based in Saint Petersburg.

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