Mjólkursamsalan, (MS) is an Icelandic company that produces milk and other dairy products and is the largest company in the Icelandic dairy industry MS is owned by two cooperatives, Auðhumla a cooperative of Icelandic dairy farmers and Kaupfélag Skagfirðinga a cooperative founded in 1889 in Sauðárkrókur. MS was formed in the 1990s to reduce cost of production. Its oldest constituent is Mjólkursamlag KEA, a dairy cooperative founded in 1927. 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. More information...
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