EFTA - Iceland

LOGOS

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LOGOS fields a team which works within the firm's full-service offering to meet the full range of client needs. The group covers all aspects of commercial and corporate law, and is a popular choice for international clients. Significant cross-border mandates handled by the firm include advising Icelandic biotechnology company Kerecis on the sale of all shares to Danish entity Coloplast for $1.3bn. Benedikt Egill Árnason is a transactional specialist, with experience acting for corporate clients and private equity houses. Árnason co-leads the department alongside Freyr Snæbjörnsson, who is noted for his strength in capital markets, and made partner in January 2023. Also key are Thórólfur Jónsson, who has core strength in M&A and securities regulations, and Guðbjörg Helga Hjartardóttir, who covers financial restructurings, M&A transactions, and corporate finance work.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The Logos team is highly efficient in all the legal and commercial fields needed for our company. Their team is diverse enough to cover all aspects of a deal or project. Their unique approach to give access to their expertise in case by case makes them so strong and efficient as a team and individual experts as well.'
  • 'Their legal diversification has enabled us to tackle every project and case with them, covering commercial issues, tax, transportation, shareholding and employment law.'
  • 'LOGOS has a unique position in the market due to their broad knowledge and manpower. In a business like ours, the issues that come up every day are very diverse, ranging from simple HR issues to complicated M&A processes. It's nice to be sure you always have the best possible legal advice during all situations with the same legal partner.'
  • 'Helga Melkorka Ottarsdóttir - Very reliable and knowledgeable within different legal areas. Furthermore, her personal approach is very calm and trustworthy, making her the ideal legal partner in sensitive interactions. Her reputation is impeccable.'
  • 'Thórólfur Jónsson is a leading authority for all legal work in the areas of Commercial, Corporate and M&A law. Óttar Pálsson is also firmly a leader in these fields of law, given his vast corporate and banking experience. Many resourceful associates which play an important role in the quality service Logos provides to its clients.'

Key clients

  • Origo hf.
  • Eimskip hf.
  • Marel hf.
  • Kerecis hf.
  • Olgerdin Egill Skallagrimsson hf.
  • Ministry of Industry and Innovation
  • Arion Bank hf.
  • Landsvirkjun
  • Icelandair Group hf.
  • Barclays
  • Deutsche Bank
  • Goldman Sachs International
  • Kvika Bank
  • Landsnet
  • Crowberry Capital
  • Haugen Gruppen Nordic AS
  • Brim hf.
  • Vordur Insurance
  • Climeworks AG
  • Frumtak Ventures ehf.
  • Verne Global
  • Computershare
  • Blackrock Inc
  • Morgan Stanley
  • Orkla ASA
  • Storytel Sweden AB
  • Siminn hf.
  • Sling Inc.
  • Archer Norge AS
  • Sidekick Health AB
  • Alfa Framtak ehf.
  • Hintsa Performance Oy
  • Vex slhf.
  • 1912 ehf.
  • Qair Energy
  • Danol ehf.
  • Laxar eignarhaldsfelag ehf.
  • Laxar Fiskeldi ehf.
  • Islandsbanki hf.
  • Landsbankinn hf.
  • Foobar Technologies II ApS
  • Novator Partners LLP
  • Hampidjan hf.
  • Icelandic State Financial Investments

Work highlights

  • Advised Kerecis hf. and its shareholders on the sale of all shares in Kerecis hf. to Coloplast A/S (a Danish entity listed on the Danish stock exchange) for up to $1.3bn.
  • Advised Siminn hf. on the sale of Mila ehf., Iceland’s largest infrastructure, for an enterprise value of ISK78bn to Ardian.
  • Advised Arion Bank hf. on the provision of additional funding to a large hotel operator.

Lawyers

Practice head

The lawyer(s) leading their teams.

Benedikt Egill Árnason, Freyr Snæbjörnsson

Other key lawyers

Guðbjörg Helga Hjartardóttir, Thórólfur Jónsson, Óttar Pálsson, Fannar Freyr Ívarsson, Helga Melkorka Óttarsdóttir