Resolution search: Enter a word and/or choose from the boxes bellow

Decisions

Merger of Alma íbúðafélag hf. and Langisjór ehf

  • Get document
  • Case number: 11/2021
  • Date: 6/4/2021
  • Company:
    • Alma íbúðafélag hf.
    • Langisjór ehf.
  • Sectors:
    • Specialist service and other services
  • Policy Area:
    • Mergers
  • Summary

    With this decision ICA approved the merger of Alma íbúðafélag hf. and Langisjór ehf. Alma is a company that operates mainly in the rental of residential housing. Langisjór is a holding company that owns shares in companies in various sectors, e.g. in the field of construction and food production.

    The overlap in the merging parties' activities is limited and, following the merger, their market shares will change little. Therefore, ICA decided that there was no reason to intervene.