EFTA - Iceland

Lex Law Offices

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Lex Law Offices fields a team with comprehensive competition law expertise, with particular aptitude in relation to M&A issues. The group is highly experienced in merger notices and communication with competition authorities, and has a track record of working across a number of sectors. Competition law specialist Eyvindur Sólnes leads the team alongside Lára Herborg Ólafsdóttir, whose focus is on public procurement law. Eva Margrét Ævarsdóttir and Guðrún Lilja Sigurðardóttir both made partner in early 2023.

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Key clients

  • Reginn hf
  • Festi hf.
  • Kjarnafæði Norðlenska hf.
  • Fálkinn Ísmar ehf.
  • Vátryggingafélag Íslands
  • Fossar Investment bank
  • Alfa Framtak hf.
  • VEX ehf.
  • MS Iceland Dairies (Mjólkursamsalan ehf.)

Work highlights

  • Handled the notification of a merger involving Reginn hf.’s public takeover bid of all shares in Eik hf., another company in the real-estate and property development sector.
  • Advising Festi on a transaction wherein Festi signed a purchase agreement, acquiring all shares in Lyfja ehf., a company that operates pharmacies around Iceland, including notification to the Icelandic Competition Authority.
  • Acted for Vátryggingarfélag Íslands and Fossar fjárfestingarbanki in obtaining the approval of the Icelandic Competition Authority for VÍS’s acquisition of Fossar.

Lawyers

Practice head

The lawyer(s) leading their teams.

Eyvindur Sólnes, Lára Herborg Ólafsdóttir

Other key lawyers

Eva Margrét Ævarsdóttir, Guðrún Lilja Sigurðardóttir