Hall Of Fame

Commercial, corporate and M&A in Iceland

BBA//Fjeldco

With an established presence in the commercial, corporate, and M&A space, the team at BBA//Fjeldco consistently provides advice to its clients on complex cases, including large-scale work involving cross-border aspects. Co-leading the team are Halldór Karl Halldórsson, Einar Baldvin Árnason, and Bjarki Diego. Halldór and Einar bring recognised expertise as corporate finance and M&A specialists, while Bjarki provides particular experience in cross-border transactions. Additional key contacts include Ásgeir Ragnarsson, who advises on international financing aspects, Jóhann Magnús Jóhannsson, Tómas Magnús Þórhallsson, and Sara Rut Sigurjónsdóttir. Friðbert Þór Ólafsson and Stefán Reykjalín are also important members of the team.

Praxisleiter:

Halldór Karl Halldórsson; Einar Baldvin Árnason; Bjarki Diego


Weitere Kernanwälte:

Ásgeir Ragnarsson; Jóhann Magnús Jóhannsson; Tómas Magnús Þórhallsson; Sara Rut Sigurjónsdóttir; Friðbert Þór Ólafsson; Stefán Reykjalín


Referenzen

‘BBA//Fjeldco stands out for combining deep transactional expertise with a pragmatic, solution-oriented approach. What makes the practice unique is the ability to provide advice that is both highly sophisticated and commercially practical, ensuring that complex legal structures are always aligned with business realities.‘

‘What sets the individuals at BBA//Fjeldco apart is their mix of sharp legal expertise, commercial understanding, and accessibility. We value their ability to provide clear, pragmatic advice under tight deadlines, and their proactive approach in anticipating issues before they arise.’

‘I work mainly with Tómas Magnús Þórhallsson – cannot recommend him highly enough.’

Kernmandanten

Aldir ehf.


Alfa Framtak ehf.


Alvotech


Arion Bank


Benchmark Genetics Limited


Broodstock Capital Partners AS


Eik fasteignafélag hf.


Gangverk ehf.


Hagar hf.


Kaldalón hf.


Kvika bank hf.


Langisjór ehf.


JBT Marel Corporation


Rotovia BV / Rotovia USA, LLC


SID ehf.


SÍA IV slhf.


SKEL fjárfestingarfélag hf.


Skyggnir eignarhaldsfélag hf.


ST eignarhaldsfélag ehf.


Styrkás hf.


VEKRA ehf.


VÍS


Highlight-Mandate


  • Advising Kvika Banki hf. on its planned merger with Arion Bank hf.
  • Advised investment company SKEL fjárfestingafélag hf. on a recent merger between the retail chains Samkaup and Atlaga (formerly Heimkaup).
  • Served as lead counsel to Hagar hf. on its acquisition of P/F SMS, a retail company based in the Faroe Islands.

Lex Law Offices

The commercial, corporate, and M&A team at Lex Law Offices advises on a variety of matters, including public takeovers, mergers, and disputes. The team is led by Guðmundur Ingvi Sigurðsson, who is licensed to practice before the Supreme Court and has expertise in corporate and financial issues, and by Örn Gunnarsson, who brings further M&A experience. Additionally, Garðar Víðir Gunnarsson brings specialised knowledge of tax and arbitration, Stefán Orri Ólafsson advises on capital markets-related issues, and Árni Freyr Sigurðsson is skilled in handling complex transactions.

Praxisleiter:

Guðmundur Ingvi Sigurðsson; Örn Gunnarsson


Weitere Kernanwälte:

Garðar Víðir Gunnarsson; Stefán Orri Ólafsson; Árni Freyr Sigurðsson


Referenzen

‘The strengths and key capabilities that matter to me are the broad knowledge of Lex: no matter what came up, there was always internal knowledge and professional advice.’

‘They provided flexibility and reliability through the whole process of my case. Also, I was shown great respect and understanding of me being new in the process Lex was handling. Key contact at Lex was Árni Freyr Sigurðsson – all his service and assistance was excellent and exceeded my expectations.’

‘Lex stands out as one of Iceland’s leading full-service law firms, with a long history and a reputation for excellence across multiple practice areas. What makes the firm unique is its ability to combine deep local knowledge of Icelandic law and business culture with a strong international outlook, serving both domestic and global clients. The firm has a particularly strong reputation in complex cross-border transactions, litigation, and regulatory work, as well as in emerging fields such as information technology, data protection, and corporate governance.’

Kernmandanten

JBT Marel Corporation


LIVE Pension Fund, Birta Pension Fund, Stapi Pension Fund, LSR Pension Fund (Government Employee Pension Fund), and Gildi Pension Fund


Hamar ehf. and Stefnir hf.


Landsbankinn hf.


Reykjavik Energy


Heimar hf.


Kapp Skagin ehf.


VEX II slhf.


Sjávarsýn ehf.


Samherji hf.


Treble Technologies ehf.


Cargow Thorship / Tor Cargo


Árkór ehf.


Fjárfestingafélagið Hlíð ehf. / NH eignir ehf.


Viska hf.


Dragsbæk A/S


Highlight-Mandate


  • Represented JBT in its €3.5bn public voluntary takeover offer for all shares in Marel hf.
  • Acted as legal advisor to Landsbankinn hf. on its ISK 28.6bn acquisition of TM tryggingar hf. from Kvika banki hf.
  • Acted as legal counsel to Samherji hf. and Samherji fiskeldi ehf. on the €320mn financing of the first and second phases of the construction of Salmon Garden.

LOGOS

With strong experience in commercial, corporate, and M&A, the team at LOGOS provides advice on share purchase agreements, public offerings, and acquisitions, with matters both domestic and cross-border. Leading the practice is Benedikt Egill Árnason, who excels in transactional work, and supporting him regularly is Thórólfur Jónsson, who brings further support on corporate restructuring and debt and equity funding. In addition, Guðbjörg Helga Hjartardóttir and Freyr Snæbjörnsson bolster the team with financial expertise, Fannar Freyr Ívarsson provides specialised support in complex aviation-related transactions, and Ottar Palsson brings wide corporate and finance experience.

Praxisleiter:

Benedikt Egill Arnason


Weitere Kernanwälte:

Thórólfur Jónsson; Guðbjörg Helga Hjartardóttir; Freyr Snæbjörnsson; Fannar Freyr Ívarsson; Ottar Palsson


Referenzen

‘The ‚project management‘ legal approach is something LOGOS is really good at.’

‘Guðbjörg Helga Hjartardóttir is extremely qualified for the purpose of our business and also good to delegate inside LOGOS for extra assistance needed, which makes the whole team stronger and can therefore cover all our aspects in each project or case we are involved in.’

Kernmandanten

Arctic Adventures hf.


Arion Bank hf.


Atome plc.


Berjaya Corporation Berhad


Blackrock Inc.


Booking.com Inc.


Brim hf.


Climeworks AG


Crowberry Capital ehf.


Deutsche Bank AG


Eimskip Island ehf.


Eyrir Invest hf.


Festing hf.


Foobar Technologies II ApS


Frumtak Ventures ehf.


Hampidjan hf.


Haugen Gruppen Nordic AS


Hinsta Performance Oy


Icelandair hf.


Icelandic pension funds


Inchcape plc.


Islandsabanki hf.


JPMorgan Chase & Co.


Kerecis ehf.


Kvika Bank hf.


Landsbankinn hf.


Landsnet hf.


New England Seafood International Limited


Olgerdin Egill Skallagrimsson hf.


Origo ehf.


Orkla ASA


Pearl Group AS


Siminn hf.


Storytel Sweden AB


Sulur Reykjavik ehf.


Thorkatla Real Estate


Twitter Inc.


Vex slhf.


Vordur Insurance


1912 ehf.


Highlight-Mandate


  • Represented a number of Icelandic pension funds in negotiations with the Government of Iceland regarding the Minister of Finance and Economic Affairs’ plans to wind down the Housing Financing Fund (HFF).
  • Advised Kerecis ehf. and its shareholders on one of the largest transactions in Iceland’s history, being the sale of all shares in Kerecis ehf. to Coloplast A/S for up to $1.300bn.
  • Acted as legal counsel to Eyrir Invest hf. with respect to the proposed acquisition of all the issued and outstanding stock of Marel hf. by John Bean Technologies Corporation.

ADVEL Attorneys at Law

With work across a variety of industries, including tech, retail, and pharma, the commercial, corporate, and M&A team at ADVEL Attorneys at Law gives strong advice to its clients, with recent work including cross-border corporate advice, business agreements, and acquisitions. Team lead Stefan Þór Ingimarsson brings strong corporate law and cross-border experience, with Dóra Sif Tynes providing expert knowledge of EU and competition issues. Additionally, Bjarni Þór Bjarnason supports the team with his extensive experience in tax issues.

Praxisleiter:

Stefan þór Ingimarsson


Weitere Kernanwälte:

Dóra Sif Tynes; Bjarni þór Bjarnason


Referenzen

‘Fantastic team with leading expertise in the field.’

‘Team is of high quality, knowledgeable, and professional.’

‘Partners and associates are friendly while markedly professional and generous with their outstanding advice and assistance.’

Kernmandanten

Arion Bank


Advania Group


Elkem Iceland ehf.


VÍS


Klappir Green Solutions


Rapyd Europe hf.


atNorth


Öryggismiðstöð Íslands hf.


Nasdaq CSD Iceland


Alfa framtak


Qair Iceland


Highlight-Mandate


  • Acted as Arion Bank’s local counsel on arranging the bank EMNT programme.
  • Continues to advise Festi hf. on its forest carbon offset project to reduce the carbon footprint for the entire company group.

Deloitte Legal ehf.

With strong commercial, corporate, and M&A skills, the team at Deloitte Legal ehf. supports its clients with a range of issues, including share acquisitions and M&A in a variety of industries, such as retail and health and fitness. Þórdís Bjarnadóttir is the lead M&A partner and brings strong experience in domestic and international transactions, whilst Guðbjörg Þorsteinsdóttir assists with her strength in tax law and further experience in corporate matters. Pétur Steinn Guðmundsson provides additional support on various corporate governance issues.

Praxisleiter:

Þórdís Bjarnadóttir; Guðbjörg Þórsteinsdóttir


Weitere Kernanwälte:

Pétur Steinn Guðmundsson


Referenzen

‘The team was excellent and demonstrated strong knowledge of the subject. They contributed valuable additions and insights to the report, which greatly improved its quality, making it clearer, more organized, and easier for everyone to read.’

‘They work efficiently. There are multiple people in the team who can answer questions and make amendments to documents. They are very good at gathering relevant information to benefit the cause.’

‘They provide professional feedback that is efficient and clear, with a strong understanding of how local Icelandic regulations and language connect with the international context.’

Kernmandanten

Lífland ehf.


Samkaup hf.


Efla hf.


IS HAF fjárfestingar slhf.


Kansas ehf.


Terra Einingar ehf.


Þrastarþing ehf.


Hið íslenska kraftaverkafélagið ehf.


Arna ehf.


DeCode ehf. (Islensk erfdagreining ehf.)


Kæling ehf.


Solid Clouds hf.


All Verk ehf.


Myrkur Games ehf.


Ferðaþjónusta bænda ehf.


Lotus Car Rental ehf.


Lyf og Heilsa ehf.


Hopp ehf.


Highlight-Mandate


  • Advised Samkaup hf. during its ISK 5.6bn valued merger with Atlaga ehf. and Orkan IS ehf.
  • Advised a major shareholder of Lífland ehf. on its acquisition all remaining shares in the company from Landsbréf.
  • Acted as the lead legal counsel for IS Haf fjárfestingar slhf. in relation to its cross-border investment in NP Innovation AB.

Juris

With recognised experience in the commercial, corporate, and M&A space, the team at Juris handles a range of matters for its clients, such as corporate advice and transactional work. Halldór Jónsson and Andri Árnason co-lead the team, with Halldór providing long-standing corporate experience and particular skill in tax matters, and Andri bringing expertise in competition issues. Other key members of the team include Simon Knight, who is dual qualified in Iceland and England and skilfully advises on international corporate matters, and Ingvar Ásmundsson, who provides further support on corporate matters.

Praxisleiter:

Halldór Jónsson; Andri Árnason


Weitere Kernanwälte:

Simon Knight; Ingvar Ásmundsson


Referenzen

‚The Juris team demonstrated exceptional professionalism throughout our transaction. They immediately took ownership of the process, were highly responsive, and consistently proactive in finding practical and well-balanced solutions. This was a highly sensitive and complex matter, and they handled it with great care and discretion.‘

‚Their ability to distinguish key issues from less important details and to guide us through every step made all the difference; the deal simply would not have succeeded without their involvement.‘

‚Simon Knight was our key contact. He brought deep expertise and a calm, solutions-oriented approach that inspired confidence from the start. Simon showed impressive attention to detail and a strong ability to identify the key points in extensive documentation and correspondence. He was part of an outstanding team that combined strategic insight with practical execution, a combination that proved invaluable to us.‘

Kernmandanten

Ísfélag hf.


Dagar hf.


Summa Rekstrarfélag hf.


Lýsi hf.


Innviðir fjárfestingar II slhf.


wpd international GmbH


Nýsköpunarsjóðurinn Kría


Akraborg ehf.


Novator


Myllan-Ora


Highlight-Mandate


  • Advised Myllan-Ora on its acquisition of Gunnars mayonnaise.
  • Advised Ísfélag on its investment in Kaldvik through Austur Holding.
  • Advised Skuggi 5 on the Ártúnshöfði – Þorpið development.

KPMG Law in Iceland

The commercial, corporate, and M&A team at KPMG Law in Iceland consistently provides advice to clients on a variety of matters, including private equity acquisitions and funding, supporting clients on both sides of the acquisition process and regularly involving cross-border aspects. The team is helmed by Jónas Rafn Tómasson and Ásgeir Skorri Thoroddsen, with Jónas specializing in M&A, due diligence, and tax law, and Ásgeir providing support particularly on corporate law and financing. Additionally, Ævar Hrafn Ingólfsson advises effectively on corporate law and domestic and international tax matters.

Praxisleiter:

Jónas Rafn Tómasson; Ásgeir Skorri Thoroddsen


Weitere Kernanwälte:

Ævar Hrafn Ingólfsson


Referenzen

‘Their experience and service are outstanding. Easy to work with.’

‘The team is great, very accessible and solution-driven. They know what we need and how to provide us with the service we need every time.’

‘Every individual on the team delivers exceptional work, and they deliver it within the time frame given. Jónas Rafn Tómasson and others just keep on delivering.’

Kernmandanten

Eignarhaldsfélagið Hof ehf.


Míla Group


Blue Lagoon


Genís hf.


Styrkás hf.


Fiskeldi Austfjarða hf. (now Kaldvík hf.)


Hagar hf.


Sunstone Group


Kaupfélag Skagfirðinga


Origo hf.


Arctic Circle Hotels ehf


Arkio ehf.


Smári ehf.


Stefnir


Prescriby ehf.


Arctic Adventures


Kraftur hf.


Neckcare ehf.


ALM Verðbréf hf.


Jurt ehf.


Hamrar Capital Partners


Sowilo ehf. (Catecut)


Arion Banki hf.


Laxey ehf


Síminn hf.


Vínin Heildverslun ehf.


Highlight-Mandate


  • Advised the seller on the sale of Kraft to Styrkás.
  • Provided extensive legal and tax support to FluidStack IS ehf. regarding the import of $47mn worth of Exscale GPU clusters for AI cloud computing services.
  • Advised both owners of Armar ehf. on separating two major corporate groups—one in construction equipment rental and the other in commercial real estate.

Lagahvoll

Led by the duo of Daði Bjarnason and Jóhann Tómas Sigurðsson, the commercial, corporate, and M&A team at Lagahvoll handles various financing and corporate advisory work for their clients, including companies in real estate, energy, and tech. Daði is the founding partner of the firm and focuses primarily on corporate and financial matters, recently doing advisory work for start-up companies. Jóhann brings further skills and experience in the financial sector.

Praxisleiter:

Daði Bjarnason; Jóhann Tómas Sigurðsson


Referenzen

‘They are highly professional.’

‘Well educated on the field they provide service to.’

‘Provide quality of service and availability.’

Kernmandanten

Datalab ehf.


Dohop ehf.


Félagsbústaðir hf. (Reykjavík Social Housing).


Carbon Iceland ehf.


Félag eldri borgara í Reykjavík og nágrenni


Element ehf


Solid Clouds


Pikkoló ehf.


Reon Ventures ehf.


Ísorka ehf.


Highlight-Mandate


Landslog – Law Offices

With recognised experience in commercial, corporate, and M&A, the team at Landslog – Law Offices provides strong advice to clients across a variety of industries, such as banking, pharma, and transport. The team is led by Viðar Lúðvíksson, who has long-standing experience and has advised on major M&A transactions, both domestic and cross-border. Grímur Sigurðsson provides additional support, with expertise in corporate law and litigation, as does Jóna Björk Helgadóttir, who brings particular skill in competition law.

Praxisleiter:

Viðar Lúðvíksson


Weitere Kernanwälte:

Grímur Sigurðsson; Jóna Björk Helgadóttir


Kernmandanten

Hagar hf.


Arion bank hf.


Syn hf./ Vodafone Iceland


Isavia


DeCode Genetics


Icelandic Regional Development


The National University Hospital


Advania


Alvogen pharmaceuticals


Syndis


Curio


Hekla


University of Iceland Lottery


Frumtok


Umbudamidlun


Icelandic Fish Market


Islandsbanki


Icelandic Prime Contractors – IAV


The Icelandic Road and Coastal Administration


Samkaup


Highlight-Mandate


  • Acted as head legal counsel for the Icelandic Road and Coastal Administration in connection with major traffic structures which are planned to be built on the basis of the newly approved law on Public-Private Partnerships.
  • Advised on a sale and purchase agreement for Syn hf. pertaining to Endor ehf., including various assets, shares in Endor’s subsidiaries, records, and business information.

Réttur – Adalsteinsson & Partners

The commercial, corporate, and M&A team at Réttur – Adalsteinsson & Partners provides key advice to clients across a range of matters, covering various corporate issues, M&A work, and shareholder disputes. The two co-heads of the team, Sigurður Örn Hilmarsson and Stefán Örn Stefánsson, provide strong knowledge and legal acumen, with Sigurður specializing in commercial litigation and international disputes, and Stefán bringing expert corporate knowledge and advice. Alexander Hafþórsson is another key name in the team.

Praxisleiter:

Stefán Örn Stefánsson; Sigurður Örn Hilmarsson


Weitere Kernanwälte:

Alexander Hafþórsson


Referenzen

‘Friendly with good service.’

Kernmandanten

Monerium ehf.


LBI ehf.


Bergey ehf.


Icelandic Water Holdings hf.


The Church of Jesus Christ of Latter-Day Saints


SÍBS


Gamanhjáokkur ehf.


SIGNO ehf.


Bitfury Holding B.V.


JOCO ehf.


Helgi Einar Nonni ehf.


Frasers Group Plc


Nebius Group N.V.


Flekaskil ehf. (GODO)


IUNO advokatpartnerselskab


Deutsche Lufthansa AG


Global Atlantic á Íslandi ehf. & Sirkon ehf.


Highlight-Mandate


  • Advised Monerium ehf. on early growth equity financing involving share issuance of up to $6m (at $50m pre-money valuation) and $2.5m convertible bond conversion, supporting a blockchain e-money licensee.
  • Advised commercial real estate company Bergey ehf. on various real estate and corporate transactions totalling over ISK 3 billion.
  • Advised LBI ehf. on corporate governance and cross-border legal matters.