The CNMC approves Mémora's acquisition of the Rekalde and Irache funeral homes, with commitments* The acquisitions affect the Basque Country and Navarre funeral services markets.The transaction was cleared in Phase 2, contingent on fulfilment of certain commitments by Mémora not to affect competition.Among these, Mémora undertakes to dispose of investments in San Sebastián, Zarauz and in the areas of Santesteban and Elizondo. Madrid, 28 September 2021.- The CNMC has authorised, in phase 2, the acquisitions by Mémora of Rekalde, the leading funeral services company in Guipúzcoa, and Irache, the leader in the Navarre funeral market. The transaction is contingent on compliance with the commitments provided by Mémora aimed at avoiding
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The Spanish Competition Authority conditionally clears in Phase II the merger of three funeral homes (Mémora / Rekalde / Irache)
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