cremation business
Public 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.…
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According to this article from Yahoo, Great Britain’s largest public death care company, Dignity plc, has accepted a buyout offer from a consortium that includes its largest shareholder group and one of the country’s wealthiest and well-known entrepreneurs. The shareholder group is Phoenix Asset Management Partners (PAMP) which, in another interesting twist, is managed…
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Back in junior high school when I took aptitude tests for future employment ideas the results for my tests were always that I should go into “Marketing”. I pursued mortuary science but I do believe that my “marketing aptitude” was helpful in building our funeral home business. And, while “marketing” can be about…
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We learned last week that Albuquerque, New Mexico, based French Funerals & Cremation was sold. The company, founded in 1907 by Chester French, and operated by descendants for the past 115 years, elected to keep the company private and sold to long-time French company executives Tom Antram and Alice Brousseau according to this article…
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I’ll be the first to tell you that I’m certainly not an expert on the subject of faith preference and burial customs because the community that I served was, I’m guessing, at least 95% Christian of those that practiced faith. However, I know some of the history since as before Vatican II in…
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It may be because funeral homes, generations ago, were usually started by a person with a caring heart who figured that if he gave families death care services such as caskets and burials, he could make some money doing so. Like most entrepreneurs these individuals were willing to work long, hard hours and build…
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Reuters reported last week that Dignity plc, Great Britain’s largest provider of death care services “(was) in advanced talks with a consortium compris(ed) of investment firms SPWOne V Ltd. and Castelnau Group Ltd. after it received unsolicited buyout proposals from the consortium in October and November last year.” The talks centered on the…
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Last Friday I printed a story about five trends or happenings that I saw in calendar year 2022 and how they will relate to Death Care as we move into the future. I’ve not been shy about saying two things are happening and will continue to happen. Those two things are an increase in…
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I enjoy following the Death Care profession for this blog. Doing so means that I read and research lots of articles on all subjects in spaces that hover around funeral service in general. I think I get a pretty good perspective on what’s happening in that “world” and understand, at least somewhat, what some…
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From time to time I peruse my electronic copy of Funeral Service Times, a paid electronic subscription magazine from Great Britain. I always enjoy reading it. . .wondering if some of what is happening across the pond relates to funeral, cremation, and cemetery services in the United States. By the way, I think there…
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