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Decisions

Merger of KG Fiskverkun ehf. and Valafell ehf

  • Get document
  • Case number: 40/2021
  • Date: 1/11/2021
  • Company:
    • KG Fiskverkun ehf.
    • Valafell ehf.
  • Sectors:
    • Consumer goods, supplies and etc.
  • Policy Area:
    • Mergers
  • Summary

    The Icelandic Competition Authority (ICA) has examined KG Fiskverkun ehf.´s merger with Valafell ehf. KG Fiskverkun ehf. is a fishing and fish processing company and operates the fishing vessel Tjaldur SH-270. Valafell ehf. is a fishing and fish processing company and operates the fishing vessel Ólafur Bjarnason SH-137.The ICA concluded that there were no grounds to intervene because of the merger, as there were no indications that a dominant market position would be formed or that the merger would otherwise lead to a significant distortion of competition.