PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2022/36 - Grupo CO / Grupo Mémora
Acquiring
Grupo Catalana Occidente, S.A.
Description
Grupo Catalana Occidente is a Spanish group active in the insurance and credit insurance sector worldwide. In Portugal, it focuses its activity on credit insurance, collections, credit recovery and risk analysis. Grupo Catalana Occidente is not present in the funeral sector in Portugal.
Acquired
Mémora Servicios Funerarios, S.L.
Description
The Mémora Group owns in Portugal Servilusa Agências Funerárias, S.A., which, through a number of subsidiaries, provides funeral services, including the national and international transfer of corpses, burial and cremation, management and maintenance of funeral complexes, cemeteries and crematoria, as well as the sale of funeral equipment and material.
Sector
  • Others
Activity (NACE)
  • S9603 - Funeral and related activities
Applicable legislation
Art. 37(1)(a) and (b) (Law 19)
Notification thresholds
Market Share and Combined thresholds
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The notified concentration consists of the acquisition of sole control over Mémora Group by Catalana Occidente Group.
Timeline
2022-08-26
The AdC issued a non-opposition decision to the merger 36/2022 - Grupo Catalana Occidente / Grupo Mémora .
2022-08-09
The Catalana Occidente Group notifies the acquisition of sole control over Mémora Group.
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