Acquisition of Happy Campers ehf by Arctic Adventures hf

This merger involves the acquisition of the travel company Arctic Adventures Ltd. by Happy Campers Ltd. Arctic Adventures is a tour operator offering recreational tours throughout the country and operates three hotels, while Happy Campers is primarily engaged in the rental of purpose-built motorhomes (e.g. Campervan). According to information from the merging parties, the merger involves activities in different markets and, therefore, in the opinion of the Competition Authority, it is unlikely that any significant horizontal or vertical overlap exists in the parties' activities. Based on the above, it does not appear that the merger will result in significant negative competitive effects.