Nesnúpur ehf.‘s purchase of all stock in Varmi og vélaverk hf.

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• Case number: 27/2015
• Date: 9/10/2015
• Company:
  • Nesnúpur ehf.
  • Varmi og vélaverk hf.
• Sectors:
  • Specialist service and other services
• Policy Area:
  • Mergers
• Summary

  Nesnúpur ehf. purchased all stock in Varmi og vélaverk hf. and therefore, according to the Competition Act, a merger took place. As the goods and services offered by the undertakings connected to the merger are insignificantly homogenous it was the assessment of the ICA that there was not a need for the ICA to take action on account of the aforementioned merger.