Merger of Gleðipinnar hf., Kaupfélag Skagfirðinga svf. and Hái klettur ehf.

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• Case number: 11/2023
• Date: 24/3/2023
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• Summary

  The merger concerns the purchase of KS and Hái klettur of Gleðipinnar, all of its shares and the remaining business in the company which will be the restaurants of Hamborgarafabrikkan, Aktu Taktu, American Style and Blackbox. 

  The ICA discussed the affected markets being the market for restaurants (including casual dining and fast food restaurants with a further or exact definition being left open), market for other cold sauces, and the market for manufacturing and wholesale of fresh and processed meats. As the merger would not significantly impede competition the ICA approved the transaction.