Concentra Insurance Broker absorbs two insurance brokerages

Concentra Insurance Broker, S.L.U. consolidates its position in the insurance brokerage sector with the absorption of two brokerages. The sole shareholder of the absorbing company and the absorbed companies approved the merger by absorption on September 2, 2026, which was made public in the Official Gazette of the Mercantile Registry (Boletín Oficial del Registro Mercantil) number 173, dated September 8, 2026, page 6097, via the announcement with reference BORME-C-2026-4886.

Legal framework and procedure

The operation is processed under Royal Decree-Law 5/2023, of June 28, regarding structural modifications of commercial companies (the “RD 5/2023”). Since the absorbing and absorbed companies are wholly owned by the same shareholder, the merger follows the simplified procedure for special mergers provided for in articles 56 and 53 of RD 5/2023.

Pursuant to article 9 of RD 5/2023, the agreements were approved without the need to previously publish or deposit the documents required by law. The common merger project was drafted and signed by the administrative bodies on June 24, 2026.

Participating companies

The operation is structured through the universal transfer of assets to the absorbing company, with the dissolution without liquidation of the absorbed companies:

Concentra Insurance Broker, S.L.U. — absorbing company.
Concentra Insurance Broker Del Mediterráneo, S.L.U. — absorbed company.
New Risk, S.L.U. — absorbed company.

The merger was signed in Madrid on September 7, 2026, by the joint administrators of the three companies: Mr. Juan José Alonso Villalobos Martínez and Concentra Insurance Holding, S.L., the latter representing Mr. Francisco Javier López-Linares del Campo.

Rights of shareholders and creditors

The right of the shareholders and creditors of the companies to request and obtain free of charge the full text of the merger project, the merger agreements, and the merger balance sheets, under the terms of article 10 of RD 5/2023, is expressly stated.

Creditors whose credits arose prior to the date of publication of this announcement have a period of one month, counting from the publication of the final merger announcement, to exercise the rights set forth in sections 1, 2, and 3 of article 13 of RD 5/2023.

Sectoral impact

The operation reinforces concentration in the insurance brokerage segment, a sector in full reorganization where groups integrate previously independent brands and client portfolios under a single structure. With this absorption, Concentra Insurance Broker adds the business of two brokerages to its network, expanding its client base and its negotiating capacity with insurance entities, within a context of growing consolidation of insurance intermediation in Spain.

Source: Official Gazette of the Mercantile Registry, no. 173, September 8, 2026, Second Section (Mergers and acquisitions of companies), page 6097 (official reference: BORME-C-2026-4886).