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 KozmoTon Nov 12, 2021 11:05am

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Post# 34119657

And a rosier Q4 ...

PLC's Growth Story Continues

Subsequent to the quarter's end, PLC completed the acquisition of the Pugh Funeral Homes and New Hope Memorial Gardens in central North Carolina which added five funeral homes and one cemetery to PLC's North Carolina presence. PLC also completed the acquisition of Malcolm, Deavitt & Binhammer Funeral Home Limited which added one funeral home in Pembroke, Ontario. In addition, PLC announced that it has entered into an asset purchase agreement for the purchase of substantially all of the assets of Smith Funeral & Cremation Service, Life & Legacy Cremation Center and Smith Event Centers, as well as Grandview Cemetery and Cremation by Grandview which, upon closing, will add one funeral home, one on-site funeral home/cemetery property and five event centers in Maryville, Tennessee.