The Competition Authority has imposed detailed conditions on the acquisition of Húsasmiðjan ehf. by Eignarhaldsfélagið Vestia, a subsidiary of NBI hf. (Landsbankinn), aimed at mitigating the potential competitive distortion arising from the bank's ownership of the company. Vestia and Landsbankinn have agreed to comply with the conditions set out in the decision, by signing a settlement. In processing the case, regard has also been had to complaints and comments received by the Competition Authority.
10 / 2010
Eignarhaldsfélagið Vestia ehf.
Húsasmiðjan ehf.
Building and household goods (household appliances, clothes, cosmetics)
Consumer goods, operating supplies, etc.
Merger case
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