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Acquisition by Terra einingar ehf. of Öryggisgirðingar ehf

  • Get document
  • Case number: 14/2024
  • Date: 7/6/2024
  • Company:
    • Terra einingar ehf.
    • Öryggisgirðingar ehf.
  • Sectors:
    • Consumer goods, supplies and etc.
  • Policy Area:
    • Mergers
  • Summary

    The ICA cleared an acquisition by Terra einingar ehf. of Öryggisgirðingar ehf. The undertakings operate on different markets. The ICA concluded that there were no grounds to intervene because of the merger, as there were no indications that a dominant market position would be formed or that the merger would otherwise lead to a significant distortion of competition.