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The purchase of Rekstrarfélagið Klettagarðar ehf. of all shares in Áltak ehf.

  • Get document
  • Case number: 3/2016
  • Date: 27/1/2016
  • Company:
    • Klettagarðar ehf.
    • Áltak ehf.
  • Sectors:
    • Constructions
  • Policy Area:
    • Mergers
  • Summary

    Rekstrarfélagið Klettagarðar ehf. have purchased all shares in Áltak ehf. Áltak ehf. operates in the market for building and construction. The owners of Rekstrarfélagið Klettagarðar ehf., and thereby the owners of Áltak ehf., also own other undertakings operating in markets connected to the aforementioned market. The undertakings‘ operations however do not cross in a way that the ICA deems to negatively impact active competition. Therefore, it is the decision of the ICA that the merger in question should be realised without restrictions.