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Extended consultation period – Síldarvinnslan's purchase of a 50% stake in Ice Fresh Seafood from Samherji

27 March 2024
Snowcap Mountain

With the news that
On 28 February, the Competition Authority granted anyone who has an interest or concern
have the opportunity to submit reviews, comments and/or viewpoints
regarding the purchase by Síldarvinnslan of a 50% stake in Ice Fresh Seafood from Samherji.

See the news 

The Competition Authority
has notified the merger parties that it is necessary to invoke further delays to
investigation of the matter and an examination of the merger's competitive effects.
Síldarvinnslan and Samherji both operate in the same markets which are merging.
one area of its operations or one stage of sale in the seafood value chain with
to the merger. The merger would then have potential vertical effects due to access.
other fish processing companies for raw materials on the one hand, and other shipping companies or
potential competitors in terms of market shares, however, where there are barriers to entry
appear to be present. Then, a review of the ownership and management relationships
of the companies and whether changes in ownership are more widespread than the merger register
indicates, effect on the scope of the merger's potential competitive effects on
in the relevant markets. Finally, only a portion of those companies, parties and associations
from whom the Competition Authority requested comments and information, responded to the request
of the supervisory authority, and the institution intends to extend their deadline for providing information.

The Competition Authority
has also decided to extend the general consultation process until 9 April.
Reviews should be submitted by gogn@samkeppni.is

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