cemeteries
Last week death care property owner and operator StoneMor announced, in this press release, that they had completed their merger with Axar Capital Management whereby StoneMor will become a private and wholly owned subsidiary of Axar Capital Management. Prior to this “take private” movement, which was announced in this May 25, 2022, press release, Axar…
Read MoreAccording to this press release from Foundation Partners Group, the acquisition of Krause Funeral Homes & Cremation Services of Milwaukee, Wisconsin, will allow Foundation Partners Group (FPG) to become the largest funeral service provider in Wisconsin. Mark Krause, president of Krause Funeral Homes & Cremation Service, Inc. has agreed to sell his firm to the…
Read MoreAs we have previously reported, StoneMor Inc. is in the middle of a proposed take-private merger movement led by the companies largest shareholder, Axar Capital. (Here is our article entitled “StoneMor agrees to Axar Capital Managment buyout”). That merger continues to move forward with the offering price of $3.50 per share now moving into a…
Read MoreMathews International, the global provider of memorialization products, industrial technologies, and brand solutions reported their Fiscal 3rd Quarter last week. That quarter encompasses the April thru June 2022 time period. In reporting their Memorialization segment finances we note that they may be reporting what we believe could become a common theme in death care company’s…
Read MoreI recently read this article from author Harold Ivan Smith from Baptist News. Smith offers a unique perspective as he attended mortuary school, is a grief educator, and works as a celebrant for Forest Lawn Mortuaries in Palm Springs, California. Smith indicates in his article that cremation was probably about 1% of United States dispositions…
Read MoreThe Cremation Association of North America (CANA) is getting ready to host its 104th Annual Cremation Innovation Convention in Atlanta, Georgia, from August 17-19. The event will have some of the most powerful speakers in the death care industry involved and on hand for operators to learn from. Brian Waters, funeral director, embalmer and host…
Read MoreMy summer exercise program consists of running 2 1/2 miles on Monday, Wednesday, and Friday, and bike riding 5-6 miles, depending on the route on Tuesdays, Thursdays, and Saturdays. I’ve told the readers of this column before that my usual Saturday morning ride brings me from my house on the south side of of our…
Read MoreClaesson Koivisto Rune design studio co-founder Marten Claesson made the following comment in this recent article from dezeen, “This is an unusual assignment for us. The funeral homes of Sweden are dominated by a few chains and Systrarna Ocklind is a very rare independent funeral home.. . . .(they) are daring to offer an alternative,…
Read MoreThere is an insurance company that used to use the slogan “The Quiet Company”. That company was, and still is, known as one of the most successful life insurance companies in America. . . . The “Quiet Company” claim came, at least to my way of thinking, from the idea that they used captive agents…
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