The merger of Kjarnafæði hf. and SAH afurðir ehf.

• Get document
• Case number: 34/2015
• Date: 23/12/2015
• Company:
  • Kjarnafæði hf.
  • SAH afurðir ehf.
• Sectors:
  • Consumer goods, supplies and etc.
• Policy Area:
  • Mergers
• Summary

  The Icelandic Competition Authority has reviewed the merger between Kjarnafæði hf and SAH afurðir ehf. Kjarnafæði´s main activity is meat processing for the retail market where as SAH afurðir operates a slaughterhouse for sheep and large animals and provides meat for the processing market in wholesale where Kjarnafæði is the firms main customer.

  This involves a vertical merger as Kjarnafæði purchases 51,55% share of Sölufélag Austur-Húnvetninga in SAH afurðir which comes in addition to the firms previous 41,85% share in SAH afurðir. The Competition Authority in Iceland came to the conclusion that the merger does not not distrupt competition in a severe manner and that there was no reason to interfere on the basis of Article 17 of the Competition Act.