Merger of Johan Rönning ehf. and Varma og vélaverks ehf

• Get document
• Case number: 4/2021
• Date: 26/2/2021
• Company:
  • Varmi og vélaverk hf.
  • Johan Rönning ehf.
• Sectors:
  • Consumer goods, supplies and etc.
• Policy Area:
  • Mergers
• Summary

  The most important of these is the import and distribution of electrical wiring materials, electrical products and related products. Johan Rönning also works with the import of materials for central and drinking water pipes. As for the activities of Varma og vélaverk, the notifaction states that it sells equipment solutions and equipment to companies and municipalities. This includes various types of machinery, drive equipment and equipment for transporting liquids and other liquid raw materials, compressed air and also thermal energy.

  Following the investigation and taking into account the case files, the Icelandic Competition Authority is of the opinion that the merger does not impede effective competition and does not lead to the creation of a dominant position. It also does not lead to competition on the market being significantly distorted in other respects. Therefore, there are no grounds for taking action regarding the merger on the basis of Article 17. c. of the Competition Act No. 44/2005.