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In December 2013, the FTC imposed conditions on the acquisition, requiring the two companies to sell 53 funeral homes and 38 cemeteries in 59 local markets, and requiring the merged company to be subject to a ten-year period during which the FTC will review any attempt by the company to acquire funeral or cemetery assets in those local markets ...
The company went public in 1991, and, over the next several years, expanded to 30 states and 12 countries. In 1997, the firm announced a partnership with the Archdiocese of Los Angeles for the building and construction of funeral homes on nine of the Church's cemeteries [5] and management of preneed sales at 11 cemeteries. Stewart Enterprises ...
In the 1960s, a push for large companies acquiring smaller funeral homes and cemeteries occurred. [21] Although there has been a consistent push for consolidation, the majority of the industry still consists of small, family-owned businesses. [21] As of 2019, there are around 19,136 funeral homes that provide funeral services in the U.S.
The Alderwoods Group formed on January 2, 2002, after the Loewen Group, then the second largest funeral home and cemetery operator in North America, emerged from bankruptcy. [2] In November 2006, Alderwoods was acquired by Service Corporation International in a US$ 1.2 billion deal reached in April of the same year.
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Funeral Services Limited, trading as Co-op Funeralcare, is a wholly owned subsidiary of The Co-operative Group, based in Manchester, [1] which operates over 1,000 funeral homes and is the largest funeral director in the United Kingdom, accounting for 16.5% of the "at need" funeral market during 2016. [2]
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