Purchase by DAG ehf. of part of the business of Bragðgotts ehf.

The Competition Authority
has been considering the acquisition by DAG Dagskrá hf. (formerly ISS Íslandi) of part of the operations
Bragðgotts Ltd. The purpose of Daga Ltd., according to its articles of association, is general.
cleaning services and any service related to such business, purchase and
Property management, property maintenance, catering, lending and other
related business activities. The purpose of Bragðgotts ehf. according to its articles of association is
Restaurant operation, catering, property management, and course provision.

To
In a previous investigation and in light of the evidence in the case, it is the assessment
The Competition Authority that the merger does not hinder effective competition and does not, therefore, lead to
to the formation of a dominant market position. It does not then lead to competition on
The market has otherwise been significantly disrupted. Therefore, there are no grounds
to take action regarding the merger on the basis of Article 17(c) of the Competition Act No.
44/2005.