Merger of Fagkaupa ehf and ÍJ ehf

The decision concerned the merger of Fagkaup ehf. and ÍJ ehf. Fagkaup's business consists of the import, distribution and sale of plumbing products. Fagkaupa's operations can be divided into five business areas: Sindra and Sindra workwear, Johan Rönning, S. Guðjónsson, Áltak and Water and Utilities. ÍJ is a company that partially took over the operations of Ísleifs Jónsson's shop when that company ceased trading. The company's main activity is the sale of products for plumbing, pumps, toilets, taps, washbasins, kitchen sinks, radiators and related products. Following an investigation into the merger, the Competition Authority concluded that there was no reason for intervention, as there were no indications that a dominant position was being created or that the merger would otherwise lead to a significant distortion of competition.