Decisions
Merger of Greiðslumiðlun Íslands ehf. and Faktoría ehf
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- Case number: 39/2019
- Date: 21/11/2019
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Company:
- Greiðslumiðlun Íslands ehf
- Faktoría ehf.
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Sectors:
- Financial services
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Policy Area:
- Mergers
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Summary
The Competition Authority examined the merger of Greiðslumiðlun Íslands ehf. (GMÍ) and Faktoría ehf. Greiðslumiðlun operates primarily in the market for debt collection through its subsidiary Motus. Faktoría operates in financing and provides companies with loans, with collateral in claims against customers (factoring).