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Malbikunarstöðin Hlaðbær-Colas acquisition of certain assets of Drafnarfell

  • Get document
  • Case number: 33/2020
  • Date: 22/7/2020
  • Company:
    • Malbikunarstöðin Hlaðbær-Colas hf
    • Drafnarfell ehf
  • Sectors:
    • Constructions
  • Policy Area:
    • Mergers
  • Summary

    The Competition Authority examined the acquisition of Hlaðbær-Colas Asphalt Plant of certain assets of the contracting company Drafnarfell that concern the milling of asphalt. It was the Authority's assessment that the merger could lead to a restriction of competition due to possible exclusion of other competitors from the asphalt milling services. The merging parties agreed with a settlement to certain commitments that are intended to prevent the harmful effects of the merger.