Ragnhildur Auður Mýrdal

Kaldalón hf. has signed purchase agreements to acquire 100% of the shares in IDEA ehf. and K190 hf. Together, these two companies own seven prime real estate properties located in Iceland, with a combined area of approximately 17,600 square meters. The total value of the properties involved in the transaction is estimated at ISK 8.335 million. The transactions are subject to due diligence and approval by the Competition Authority.

BBA//Fjeldco acted as legal advisor to Kaldalón throughout the acquisition process and extends congratulations to both the buyer and sellers on the successful transaction.