Park Lawn Corp T.PLC

Consumer Cyclical Personal Services

Park Lawn Corporation is engaged in providing goods and services associated with the disposition and memorialization of human remains. The Company and its subsidiaries own and operate businesses, including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. Its primary products and services are cemetery lots, crypts, niches, monuments, caskets, urns and other merchandise, funeral services, after-life celebration services and cremation services. Its products and services are sold on a pre-planned basis or at the time of death. It has one stand-alone funeral home located in Durham, North Carolina; one stand-alone funeral home and one on-site funeral home and cemetery located in Abingdon, Virginia; eight stand-alone funeral homes, two stand-alone cemeteries and one on-site funeral home and cemetery located in and around the Savannah, Tennessee area; three stand-alone funeral homes located in Brampton, Woodbridge and Toronto, Ontario and more.

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Park Lawn Corp

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Post by Betteryear2on Oct 25, 2021 5:12pm

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Post# 34047152

Completes Acquisition of Pugh Funeral Homes and New Hope

TORONTO, Oct. 25, 2021 /CNW/ - Park Lawn Corporation (TSX: PLC) ("PLC") is pleased to announce that it has completed the previously announced acquisition of substantially all of the assets of Pugh Funeral Homes and New Hope Memorial Gardens (collectively "Pugh"), a business consisting of five funeral homes and one cemetery located in central North Carolina.

"The Pugh businesses are pillars of their respective communities and strategically complement our existing North Carolina portfolio. We are excited to have the Pugh businesses join the PLC family to carry on their reputational excellence for years to come," stated J. Bradley Green, Chief Executive Officer of PLC.

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