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A Company in the Borg Association Plans to Take over Sandavágur Timber Trade

The Competition Authority has received notification that Borg intends to take over Sandavágur timber shop. It will happen that Dirvi, which is a company in the Borg group, takes over the share capital in Sandavágur timber shop. And Kovin, who owns Sandavágur timber shop, sells all the share capital in Sandavágur timber shop to Dirvi. The parties believe that competition between Borg and Sandsvágur timber trade has been and is limited. And it doe…
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The Competition Authority has received notification that Borg intends to take over Sandavágur timber shop. It will happen that Dirvi, which is a company in the Borg group, takes over the share capital in Sandavágur timber shop. And Kovin, who owns Sandavágur timber shop, sells all the share capital in Sandavágur timber shop to Dirvi. The parties believe that competition between Borg and Sandsvágur timber trade has been and is limited. And it doe…

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Kringvarp Føroya broke the news on Wednesday, June 3, 2026.
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