Alejandro Ortiz & Esteban de Santos

Linklaters advises OTPP on the sale of Mémora Group

Linklaters has advised Ontario Teachers Pension Plan Board (OTPP) on the sale of Mémora Group to Grupo Catalana Occidente for €600m.

Mémora is a provider for funeral services, funeral parlours, crematoriums and cemetery management in the Iberian Peninsula. The company owns or operates 139 funeral parlours, 39 crematoriums and 18 cemeteries, employs approximately 1,500 professionals, providing around 50,000 funeral services annually.

By its side, Ontario Teachers is a global investor that operates in more than 50 countries, with offices in Hong Kong, London, San Francisco, Singapore and Toronto.

The team from Linklaters advising OTPP was formed by the partner, Alejandro Ortiz (pictured left); the managing associate, Esteban de Santos (pictured right); and the associate, José Luis Ruiz together with the tax team formed by: Alejandro Meca and José Alarcón and the competition team, Fredrik Lowhagen and Diana Martinez.

Irina Wakstein