Founded in 1993, Lenta is one of the largest retail chains in Russia and the country’s second largest hypermarket chain. Lenta operates within an integrated business model which makes it well-positioned to grow in Russia’s dynamic food retail market.
With around 46,000 employees, the company operates 254 stores including 195 hypermarkets and 59 supermarkets in 78 cities across Russia.
Global Depository Receipts (GDR) of Lenta Limited are listed on both the London and Moscow Stock Exchanges.
Mumtalakat’s investment was made via its co-investment programme with the Russian Direct Investment Fund (“RDIF”).