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Skeljungur hf.: The Competition Authority has granted the purchase of Basko ehf.

Written by Customer Service on . Posted in Public Companies.

The Competition Authority granted today Skeljungur’s purchase of Basko ehf. The Competition Authority does not consider any reason to take further action regarding the merger and grants the merger without any conditions.Otherwise, see our previous market announcement on the merger, dated 17 September.For further information please contact Árni Pétur Jónsson, CEO, investors@skeljungur.is.Skeljungur is an energy company with operations in Iceland and in the Faroe Islands. Skeljungur sells fuel and oil to consumers and businesses in fisheries, agriculture, transportation, aviation and construction under the brands Skeljungur and Orkan. The company also sells fertilizer and other chemical products. In Iceland the Company runs 65 gas stations and 4 oil depots. Magn P/F, Skeljungur´s subsidiary in the Faroe Islands, runs 11 retail and gas-stations and 2 oil depots. Magn also serves and sells oils for house heating to individuals and companies in the Faroe Islands. Skeljungur´s goal is to serve the energy needs of consumers and businesses in an efficient and safe way and in harmony with the environment.www.skeljungur.ishttps://www.linkedin.com/company/skeljungur-hf/

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