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Merger
of Terra einingar ehf. and Tæki.is ehf | Decisions | The Icelandic Competition Authority
Decisions
Merger of Terra einingar ehf. and Tæki.is ehf
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- Case number: 23/2025
- Date: 20/6/2025
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Company:
- Terra einingar ehf.
- Tæki.is ehf.
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Sectors:
- Specialist service and other services
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Policy Area:
- Mergers
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Summary
The Icelandic Competition Authority authorized the merger of Terra einingar ehf. and Tæki.is ehf. This is a merger where the companies operate mainly in different fields, with limited overlap in the parties' activities regarding rental of machinery and equipment. The Icelandic Competition Authority did not consider it necessary to intervene or further investigate and closed the case in the first phase.