casket companies
Titan Casket isn’t your normal funeral supply company. They are a little edgy and they take their case directly to the consumer, although they have a program for funeral homes to partner with them, too. They aren’t afraid of stepping on a few historical funeral toes. In one way, however, they are not…
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A press release from Batesville last week announced additional resources being put into the “Living Memorial” program by Batesville. The company announced it “is doubling down on its mission of helping families honor the lives of those they love® with an enhancement to its Living Memorial® tree planting program that gives families the…
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Most of us in the Death Care business recognize Matthews International as a trusted supplier in the monument, cemetery, cremation, and casket business. However, this recent article from the Pittsburgh Post-Gazette gives us some insight into what has been fueling the company’s rise in stock price and potential future growth prospects.…
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I’ve been maligned and others in the profession have told me I am wrong when I say the funeral directors and funeral home owners can be “Entrepreneurial”. Several people have dropped me notes or emails that tell me I am “dead wrong” and death care is a business that is not entrepreneurial, but…
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Earlier 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…
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The first sentence from this article in The Star says all that needs to be said about what changes an investor group at Matthews International wants to take place, “Activist investor Barington Capital Group has built a stake in Matthews International Corp and argues the company needs to refresh its board, cut costs and…
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Matthews International, parent company of Matthews Cremation and Aurora Casket, announced their Fiscal Year 4th Quarter and Year End 2022 results last week. President and CEO Joseph C. Bartolacci said this in the opening statements of the report, “I am pleased with our operating results for the fourth quarter and fiscal year ended September 30,…
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A press release out of Batesville, Indiana, caught a lot of the death care profession off guard on Wednesday. That press release, which you can read here, was from Hillenbrand Industries and announced that the company would “explore strategic alternatives for its Batesville business”. Here’s what parent company Hillenbrand Industries President and CEO Kim Ryan…
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We’ve mentioned that many death care companies are intent on growing and right now many seem to have the cash-flow to fuel those acquisitions that lead to company growth. Just last week Wilbert, Inc. announced an acquisition of a molding and finishing manufacturer who produces casket hardware, automotive/transportation components, and other consumer products. On the…
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According to this article from Business Wire online retailer Titan Casket grew its revenues by 400% in 2021. The company also disclosed that November 2021 was its “largest month ever”. Titan was started in 2016 and allows consumers to purchase their caskets directly online for shipment to the funeral home of their choice. Titan Casket…
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