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Merger of FoodCo hf. and Gleðipinnar ehf

  • Get document
  • Case number: 4/2020
  • Date: 4/2/2020
  • Company:
    • FoodCo hf.
    • Gleðipinnar ehf.
  • Sectors:
    • Consumer goods, supplies and etc.
  • Policy Area:
    • Mergers
  • Summary

    The Icelandic Competition Authority investigated the merger of FoodCo hf. and Gleðipinnar ehf. FoodCo owns and operates restaurants under seven different trademarks in the capital area. Gleðipinnar owns and operates a Bowling Alley and restaurants under three different trademarks.

    Following the investigation of the case, it was the opinion of the Competition Authority that the merger would neither create nor strengthen a dominant position of the merged company, or significantly distort competition. Therefore, there were no grounds for intervention because of the merger.