Logo Competition

Merger of Kolka ehf. (Nathan) and HBT ehf. (Tómas's Hamburger Restaurant)

Analysis

The merger involves the acquisition of HBT Franchise ehf. (Kolka ehf. holding company, etc.) of HBT ehf. (Tómas's Burger Bar). HBT Franchise is majority-owned by the investment company Kolka ehf., which wholly owns Nathan hf. and a 50% share in Huppaís ehf. Kolka operates through the company Nathan in the import and wholesale food market for large-scale kitchens, such as canteens, businesses, institutions and food retailers. Emmessís, a subsidiary of Nathan, specialises in the production of ice cream, and its operations consist primarily of the import and production of frozen products. HBT's business is the sale of fast food, with a focus on hamburgers and related side dishes.

Decisions
Case number

11 / 2026

Date
21 April 2026
Company

The holding company Kolka Ltd.

HBT Ltd. (Tom's Burger Stall)

Industries

Food products

Consumer goods, operating supplies, etc.

Subjects

Merger case

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