Who owns Magnit?
Magnit is owned by Public Joint Stock Company Magnit (Russia, MOEX: MGNT).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: PJSC Magnit Annual Report 2025. Last checked .
Key facts
- Current owner
- Public Joint Stock Company Magnit reported
- Owner HQ
- 🇷🇺 Russia
- Origin
- 🇷🇺 Russia
- Category
- Home, garden & DIY › Retailer own brands › Grocery own brands
- Parent ticker
- MOEX: MGNT
- Last verified
- · 1 sources
About Magnit
Magnit is the parent retailer's flagship convenience store format. The company website describes modern convenience stores for simple, affordable everyday shopping, and its 2025 annual report notes that Magnit convenience stores include the M City, My Price, First Choice and dark store variants. In 2025 the group renovated 1,847 Magnit convenience stores.
Ownership timeline of Magnit
Where Magnit sits in Magnit
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Magnit ownership tree →
See the full Magnit brand portfolio (7) →
Other brands owned by Magnit
Magnit controls 7 brands on Brandtree, 7 of them in home, garden & diy.
Also in home, garden & diy
Other brands in grocery own brands, and who owns them
The 168 brands in grocery own brands on Brandtree belong to 53 owners. The largest is Cencosud, with 12; Magnit has 5.
| Brand | Owner | Owner based in |
|---|---|---|
| Bretas | Cencosud | 🇨🇱 Chile |
| Lucerne | Albertsons | 🇺🇸 United States |
| City Gross | Axfood | 🇸🇪 Sweden |
| Chalo | Empire | 🇨🇦 Canada |
| Checkers | Shoprite Group | 🇿🇦 South Africa |
| Amanhecer | Jerónimo Martins | 🇵🇹 Portugal |
| K-Citymarket | Kesko | 🇫🇮 Finland |
| Farmer's Market | Loblaw | 🇨🇦 Canada |
About the owner: Magnit
Magnit is a publicly listed company headquartered in Russia. Brandtree records 7 brands under its control, and it is listed as MOEX: MGNT.
PJSC Magnit is a Russian food and drogerie retailer that runs convenience stores, supermarkets, drogeries and pharmacies, plus its own production, logistics and online delivery. Its 2025 annual report lists a multi-format model of Magnit and DIXY convenience stores, drogeries, supermarkets, pharmacies, Samberi, V1 hard discounters and, since May 2025, the Azbuka Vkusa chain.
🇷🇺 Magnit and other Russian brands
Brandtree records a controlling owner for 75 brands that began in Russia. 5 of them (7%) are now controlled by a company headquartered in another country; Magnit is not one of them.
Frequently asked questions
Who is the parent company of Magnit?
The parent company of Magnit is Public Joint Stock Company Magnit, a publicly listed company headquartered in Russia.
Is Magnit Russian?
Yes. Magnit originated in Russia and its owner, Public Joint Stock Company Magnit, is also headquartered in Russia.
Is Magnit still owned by Public Joint Stock Company Magnit?
Yes. As of 4 October 2026, Magnit is still owned by Public Joint Stock Company Magnit. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] PJSC Magnit Annual Report 2025 — PJSC Magnit, Annual report; retrieved 4 October 2026.
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