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The last year has brought many changes to Death Care as it pertains to those companies that have been operated in the public markets. Both StoneMor and Dignity plc have been taken out of the public realm and into private ownership space and Batesville has been spun-out of Hillenbrand Industries and purchased by…
Read MoreThere is not only a lot of talk lately about the funeral, memorial service, and celebrations that families are contemplating in the future for themselves and their loved ones, but there is also a lot of investment money being spent on companies who want to be on the upside swing of what these…
Read MoreEarlier this week we received notice that LongRange Capital has completed the acquisition of Batesville. The transaction of purchasing the Batesville Company from public company Hillenbrand Industries was announced late in 2022 and apparently now has been completed. In addition, the private equity firm announced in this press release that Batesville CEO…
Read MoreVictoriaville & Co., the Canadian based company that provides death care merchandise on three continents, announced in this press release a 67,000 square foot manufacturing facility in Cleveland, Ohio. According to Alain Dumont, President and CEO of Victoriaville & Co., “This manufacturing addition to our existing capacity has become necessary in order to…
Read MorePublic company Matthews International, with a stake in the death care business, reported their Fiscal Year 2023 First Quarter last week and in doing so reported a company-wide quarter over quarter sales revenue increase of about 2.4%. The entire revenue increase, however, comes from their much heralded investment in the energy storage solutions business.…
Read MoreI’ve said it before and truly believe it. Death care is changing and will continue to change. No longer are traditional funeral homes the only option for those who need death care services. Have you heard of the “Be a Tree Cremation Service” of Denver, Colorado, yet? Neither had I until this past…
Read MoreLee Webster has co-founded an organization known as the National End-of-Life Doula Alliance and served in leadership positions at the National Home Funeral Alliance and the Green Burial Association. According to this recent article in Hospice News Webster makes this comment, “I’ve definitely seen a growing trend of natural burials really appealing to…
Read MoreOne of the things that happened at the end of 2022 is that New York Governor Kathy Hochul signed a bill into law that permits the State of New York to add Natural Organic Reduction (NOR), sometimes referred to as “human composting”, to the list of legal human remains dispositions. According to this article…
Read MoreIt’s inevitable that regulations by government agencies are necessary in a civilized society. Sometimes, however, when you own and operate a business it seems like you don’t want to take a step in any direction simply because you think that step may be against some type of regulation. At least, that’s the way that…
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