Antitrust Lawyer Blog Commentary on Current Developments

FTC Receives Petition for Approval of Proposed Divestiture from SCI and Alderwoods Group

On December 19, the Commission received a petition from Service Corporation International (SCI) and Alderwoods Group, Inc. seeking approval of a proposed divestiture related to SCI’s recent acquisition of Alderwoods. In the FTC’s consent agreement and order allowing the transaction to proceed with conditions, SCI and Alderwoods were required to divest a range of funeral home and cemetery services companies. Through this petition, the companies requested approval to divest: 1) Conejo Mountain Funeral Home, located at 2052 Howard Road, Camarillo, California (Southern Ventura County); and 2) Conjeo Mountain Memorial Park, located at the same address, to two wholly owned subsidiaries of Carriage Services, Inc.: Carriage Cemetery Services, Inc. (CCSI) and Cochrane’s Chapel of Roses, Inc. Under an agreement with SCI, CCSI will buy the cemetery assets and Cochrane’s will buy the funeral home assets.
Authored by

Robert W. Doyle, Jr.

Contact Information