MKPAO Lenta acquires a 100% stake in LLC RFB-Retail— the operator of the OK hypermarket chain. This is stated in the message of Lenta.
The transaction is structured without a monetary component. Lenta assumes the debt obligations of the acquired company as payment for 100% of the shares.
According to management estimates, by the end of 2026, net debt/EBITDA will remain at the lower end of the target range at 1.0x, and the EBITDA margin will be at least 7%.
The deal was approved by the Federal Antimonopoly Service of Russia. The acquisition perimeter will include 75 OK hypermarkets with a total retail area of 478,000 square meters, as well as four leased distribution centers with a total area of 107,000 square meters. Stores are located in six federal districts of Russia, including Northwestern (25 stores), Central (17 stores), Southern (13 stores), Sibirsky (7 stores), Privolzhsky (7 stores) and Uralsky (6 stores).
It is planned to complete the integration of the acquired network by the end of 2026. Most stores will operate under the Hyper Lenta brand.
MKPAO Lenta (TIN 3906399157) is a multi-format grocery and FMCG retailer in Russia. The company develops the formats of hypermarkets, supermarkets, and convenience stores. The company develops online sales. The company was founded in 1993 in St. Petersburg.
Lenta's net profit under IFRS for 2025 increased by 55.1% to 34.85 billion rubles from 22.46 billion rubles a year earlier. Revenue increased by 24.2% to 1.1 trillion rubles from 888.3 billion rubles, gross profit — by 31.1% to 252.5 billion rubles from 192.55 billion rubles, EBITDA — by 28.3% to 113.015 billion rubles from 88.08 billion rubles. Staff costs increased by 35.3% to 94.39 billion rubles from 69.77 billion rubles.
Lenta's net profit under IFRS for the first quarter of 2026 fell by 25.1% to 3.97 billion rubles from 5.3 billion rubles a year earlier. Revenue increased by 23.4% to 306.895 billion rubles from 248.755 billion rubles, EBITDA increased by 11.7% to 25.468 billion rubles from 22.808 billion rubles.
O'KEY GROUP S. A. owns a chain of stores under the "YES!" brand. By the end of 2025, the group operated 232 "YES!" discounters in more than 87 settlements of the Central Federal District of Russia, as well as two distribution centers in the Moscow region.
The group opened its first discounters in 2015. Historically, the group also owned a chain of hypermarkets under the OK brand, and sold this segment of the business at the end of 2025.
The joint—stock structure of OK Group of Companies: NISEMAX Co Ltd — 49.11%, GSU Ltd — 34.14%, other shareholders and shares in free circulation - 16.75%.
The net profit of O'KEY Group S. A. for 2025 under IFRS amounted to 14.3 billion rubles against 1.988 billion rubles a year earlier. Revenue increased by 10.3% to 80 billion rubles, EBITDA increased by 12.5% to 7.9 billion rubles.
O'KEY Group SA announced the change of the corporate name of the company to MKPAO "Group DA".
Read our Telegram channel "Mergers and Acquisitions. AK&M».
Our channel at MAX is "Mergers and Acquisitions. AK&M».
