Lenta acquires Russian business of DIY chain OBI

MOSCOW. Jan 13 (Interfax) - Lenta Group has announced the acquisition of OBI DIY hypermarkets.

According to a statement from Lenta, the scope of the deal will include 25 stores with a total retail area of 263,000 square meters. Integration of the assets is expected by May 2026. The Federal Antimonopoly Service (FAS) has already approved the deal.

The deal will allow the group to enter the new DIY format and will also strengthen Lenta's position as a leading multi-format player in the Russian retail market.

Rumors about Lenta's plans to acquire OBI emerged around a year ago. In early 2025, the media initially reported citing sources that structures of Alexei Mordashov (the retailer's main owner) were interested in acquiring the DIY chain, and later that one of OBI's legal entities had registered the domains Dom-Lenta.RF and Domlenta.RF.

Russian legal entities of OBI (Do It Yourself LLC, Do It Yourself North-West LLC and OBI Franchising Center) changed their main owner in 2025, but Lenta was not officially involved in the deal in any way.

Currently, according to the Unified State Register of Legal Entities, 90% in the key OBI companies belongs to Hermes LLC. The company was established in March 2025, with Vladimir Zakhatoshin serving as general director and owner. At the end of last year, Lenta established the company DomLenta, in which the retailer's equity participation is also 90%.