Purchase of Hreinsitækni ehf by Snóki þjónustu ehf

The decision concerned the merger of Hreinsitækni ehf. and Snóks þjónustu ehf. Hreinsitækni operates in the field of sweeping and washing of street networks and pedestrian walkways. The company also provides services in sewer cleaning and related services, the collection of waste oil, and the lining of sewer pipes. Snókur's purpose is to provide services to companies in energy-intensive industries. The service includes the formation of slurry, internal transport, mechanical servicing, industrial cleaning and cleaning services. Snókur provides a wide range of services to a very limited group of clients. There are no indications that the parties to the transaction have or will acquire a dominant position in the market, and its competitive effects are considered negligible as they operate largely in unconnected markets. For these reasons, the Competition Authority concluded that there was no reason for intervention.