Logo Competition

The acquisition by Alfa Framtaks ehf. and AF3-2 ehf. of all shares in Nóa Síríusi hf.

Analysis

AF3-2 ehf. has acquired Nói Siríus hf. Nói Siríus hf. primarily engages in the manufacture and wholesale of chocolate, as well as the wholesale of other confectionery and breakfast cereals. AF3-2 ehf. is an investment fund managed by Alfa Framtaks ehf. The Competition Authority approved the merger without intervention in the first phase but addressed the strong market position of Nói Siríus hf.

Decisions
Case number

19 / 2026

Date
3 June 2026
Company

AF3-2 Ltd.

Alfa Framtak Ltd.

Nói-Síríus Ltd

Industries

Consumer goods, operating supplies, etc.

Sweet treats

Subjects

Merger case

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