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Decisions

The merger of Kjarnafæði hf. and SAH afurðir ehf.

  • Get document
  • Case number: 34/2015
  • Date: 23/12/2015
  • Company:
    • Kjarnafæði
    • 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.