# Icelandic Competition Authority approves Marel merger with Valka

The Icelandic Competition Authority approved the merger of Marel Iceland ehf., a subsidiary of Marel hf., and Valka ehf., both food processing equipment manufacturers. The decision was announced on 29 October 2021.

- Type: Acquisition
- Announced: 2021-10-29
- Where: Iceland
- Status: completed
- Products: food processing equipment, water-jet cutting and portioning technology
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Marel hf.](https://endata.com/companies/58799.md) (acquirer)
- [Valka ehf.](https://endata.com/companies/58800.md) (target)

## Sources

- [samkeppni.is](https://www.samkeppni.is/en/release/null/the-icelandic-competition-authority-approves-the-merger-of-marel-and-valka/), 2021-10-29: "ICA has concluded that intervening in the merger is not needed, partly because the merging companies will continue to face competition from strong international competitors in the wake of the merger."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.