Merger of FISK-Seafood ehf. and Steinunn hf

• Get document
• Case number: 35/2021
• Date: 23/9/2021
• Company:
  • FISK-Seafood ehf.
  • Kiddi Dóri ehf.
  • Steinunn hf.
• Sectors:
  • Consumer goods, supplies and etc.
• Policy Area:
  • Mergers
• Summary

  The Icelandic Competition Authority (ICA) has investigated Kiddi Dóri ehf.´s, a daughter company to FISK-Seafood ehf., acquisition of 60 pct. of the shares in Steinunn hf. FISK-Seafood, the parent company of Kiddi Dóri, is one of the larger fishing companies in Iceland, operating a total of five fishing vessels. Steinunn hf. operates the fishing vessel Steinunn SH-167. Following the merger investigation the ICA concluded that there were no grounds to intervene as there were neither indications that the merger would create a dominant position on the market nor would the merger lead to a significant distortion of competition.