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Mjólkursamsalan, abbreviated to MS, is an Icelandic company that produces milk and other dairy products and is the largest company in the Icelandic dairy industry [1] MS is owned by two cooperatives, Auðhumla a cooperative of Icelandic dairy farmers[2] and Kaupfélag Skagfirðinga a cooperative founded in 1889 in Sauðárkrókur.[3] The company in its current form was formed out of a merger of several dairy cooperatives in the 90s to reduce cost of production.[4] [5] MS oldest part is Mjólkursamlag KEA, a dairy cooperative founded in 1927.[6] It has about 90% share of the Icelandic milk market, and has an ongoing dispute with the Icelandic competition authority regarding a legal provision in a special law dealing with the dairy industry.[7][8]

Mjólkursamsalan (MS)
Founded4 September 1927
HeadquartersBitruhálsi 1, 110 Reykjavík
ISK 293 million (2010) Increase
Websitehttp://www.ms.is/
A photograph of a yule-themed milk carton produced by the company.

Manufacturing hubsEdit

MS produces its products in the following locations:[9]

Subsidiaries and associate companiesEdit

  • Ísey export
  • Heilsuprótein
  • Ísey skyrbar
  • Icelandic Provisions (in the US)[10]

ReferencesEdit

  1. ^ https://mataraudur.is/en/material/dairy-products/
  2. ^ http://www.audhumla.is/Um-Audhumlu/
  3. ^ https://www.mbl.is/greinasafn/grein/1333035/
  4. ^ http://timarit.is/view_page_init.jsp?pageId=5713338
  5. ^ http://timarit.is/view_page_init.jsp?pageId=3340536
  6. ^ https://www.ms.is/um-ms/uppruninn
  7. ^ Helgason, Haukur Már (10 October 2014). "The Milk Monopoly". Reykjavik Grapevine. Reykjavik. Archived from the original on 15 December 2017. Retrieved 15 December 2017.
  8. ^ "Annual Report on Competition Policy Developments in Iceland". www.oecd.org. OECD. Retrieved 19 December 2018.
  9. ^ https://www.ms.is/about-us/
  10. ^ https://www.ms.is/um-ms/starfsemi/skipurit