About ITAB Group
Net sales in MSEK*
EBIT in MSEK*
Number of employees (approx.)*
* Refer to the financial year 2025, excluding any non-recurring items.
Rethink Retail. Together.
ITAB Group is what we create together with our customers
We believe in lasting partnerships built on trust and value creation. We co-create retail experiences that connect people with brands they love by sharing our collective experience, commercial insights, solutions, services and design thinking, driven by strong local hearts and global minds, underpinned by our brands.
We are a strategic partner for positive outcomes
Value proposition
Brand experiences that drive growth
Improving sales and loyalty by translating brand vision into physical reality, creating engaging consumer journeys that add value.
Value proposition
Enhancing consumer engagement
Creating emotional engagement through inspiring design and personalised experience blending engagement across all channels.
Value proposition
Improving operational efficiency
Enabling sustained productivity and operational efficiency. Reducing cost, waste and loss by understanding process and simplifying complexity.
Our offer
Market overview
51%
Grocery
The largest customer group mainly comprises grocery and convenience retailers and food stores, across all formats and scale.
12%
Fashion & apparel
This customer group includes stores selling ready-to-wear clothing, shoes and jewellery.
10%
Home improvement & DIY
The customer group refers primarily to DIY, furniture, and home furnishings stores.
6%
Pharmacy, Health & Beauty
This customer group includes major health & beauty retailers and pharmacies.
21%
Other customer groups
Other customer groups include consumer electronics, sport & leisure, service stations, hotels, automotive, travel, cafés and restaurants.
Southern Europe
Main markets in Italy, France, Spain and Portugal.
Central Europe
Largest markets include Germany, the Netherlands and Czechia.
Northern Europe
All Nordic countries.
Eastern Europe
Main markets in Baltic countries, Poland, Romania, and Türkiey.
United Kingdom & Ireland
Rest of the World
All countries outside Europe. Australia, Argentina, Saudi Arabia, Brazil, Chile, and Peru account for just over 50 percent of sales.
History
The foundations for ITAB today were laid when the entrepreneur Tord Johansson carried out his degree project at the neon tube manufacturer ITAB (originally an abbreviation of Igni Tronim AB) at the end of the 1970s.
The company was experiencing difficulties at the time, and when his work, including his suggestions on necessary changes to the operations, was presented to the owners, Tord was offered the opportunity to buy the majority of the company. Tord accepted the offer and became the majority shareholder, and he was then involved in the business until his death in 2015.
The shop fitting operations was originally one of three business areas in the corporate group called ITAB Industri. This group changed its name to XANO Industri when the shop fitting operations were spun off as a separate company under the name ITAB Shop Concept.
During the 1990’s, ITAB Shop Concept started to expand its operations in Scandinavia. This expansion has continued during the 2000’s with acquisitions in Sweden, Finland, Netherlands and Czech Republic. In 2016 ITAB made a large acquisition when the company acquired La Fortezza Group with operations in Southern Europe, and South America.
With the aim of strengthening ITAB’s position and complementing the Group’s current offering, ITAB agreed to acquire Financière HMY for a cash consideration of MEUR 320 at the end of September 2024. HMY is a leading European supplier of shop fittings, checkouts and store design to the retail industry and had sales of approximately MEUR 585 in 2024.
With a final and definitive share purchase agreement entered into in early December 2024 and the other conditions for the transaction fulfilled, the acquisition was completed on 31 January 2025. HMY is consolidated in the ITAB Group as of 1 February 2025.
1937
ITAB Neon Manufacturing
Created by Karl Rothweller
1988
ITAB Industri (now XANO Industri) listed on Stockholm Stock Exchange
2004
ITAB Shop Concept spun off and listed separately on Stockholm Stock Exchange
2011
Acquisition of Nordic Light Group
2016
Acquisition of La Fortezza Group
2020
Acquisition of Imola Retail Solutions
2022
Acquisition of Checkmark
2025
ITAB acquires HMY to form the ITAB Group
2025
Acquisition of Blink
2026
ITAB Shop Concept AB becomes ITAB Group AB