Hemtex is a retail chain for home textiles with stores across Sweden, Finland and Estonia. Hemtex had 141 stores at the time of the divestment and had sales of SEK 1,020 million in 2018. The purchase price was SEK 226 million on a debt free basis.

Gernandt & Danielsson advised ICA Gruppen in connection with the sale with a team primarily consisting of Partners Manfred Löfvenhaft and Gustav Skogö Nyvang as well as Associates Ludvig Berglönn and Alexander Grägg.