OTPP Acquires Memora from 3i Group

Posted on 07/19/2017

The Ontario Teachers’ Pension Plan (OTPP) is building a platform of European funeral businesses. Expanding from its holdings in Paris-based OGF, OTPP acquired a 95% stake in Barcelona-based Memora Servicios Funerarios S.L.U. (Memora), a funeral services company, from 3i Group PLC. Memora was formed in 2011 and currently runs 115 funeral parlors, 24 crematoriums, 13 […]

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