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Merger of Hornstein Holdings ehf., M and S ehf. and HSTN ehf. (Möl og Sandur) | Decisions | The Icelandic Competition Authority
Decisions
Merger of Hornstein Holdings ehf., M and S ehf. and HSTN ehf. (Möl og Sandur)
- Get document
- Case number: 30/2024
- Date: 19/12/2024
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Company:
- Eignarhaldsfélagið Hornsteinn ehf.
- M og S ehf.
- HSTN ehf.
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Sectors:
- Consumer goods, supplies and etc.
-
Policy Area:
- Mergers
-
Summary
On 4 April 2024, the Competition Authority was notified of the merger of HSTN ehf. and M og S ehf. HSTN is a subsidiary of Eignarhaldsfélagid Hornsteins ehf., which owns the subsidiaries and companies BM Vallá, Björgun and Sementsverksmiðjan, which operate according to the merging parties in the procurement of raw materials, production of sement, sales and services in the construction market in Iceland,. The Authority did not consider it necessary to take further action in the matter.