Wilbert Inc. Splits into Two Independent Companies
The Wilbert, Inc. board of directors has unanimously approved a separation of Wilbert, Inc. into two separate companies, one focused on serving the funeral profession and the other on manufacturing and marketing plastic products. With this action, Wilbert Funeral Services, Inc. (WFSI) has been spun out of Wilbert, Inc. as a separate company and Wilbert, Inc. will operate as Wilbert Plastic Services. This split became effective on December 27, 2008.
“By separating these unique business units into two entities, we believe we will be able to unlock the intrinsic value of both companies by allowing each company to pursue its unique, long-term strategic initiatives and address their diverse operational needs. Furthermore, the separation will permit each company to focus on their respective business development opportunities and compete more effectively in their individual marketplaces,” commented C. James Mans, chairman of the Board of Directors.
“This is an important and logical next step for our licensees, their customers and our employees who have a direct interest in the success of our funeral business,” said Wm. Anthony (Tony) Colson, president and chief executive officer for WFSI. “We now have two companies, each with a sharpened strategic focus that will foster continued growth, solid operating performance and a clear vision on how best to build on the specific strengths of our respective businesses.”
Mr. Colson continued, “The company that has been split from Wilbert, Inc. ? Wilbert Funeral Services, Inc. ? is anchored by two of the most recognized and respected product lines in funeral service ? Wilbert Burial Vaults and Cremation Choices. This separation will allow us to continue to build a focused, mission-driven company that leverages these two brands while pursuing growth opportunities within funeral service.?
The separation will not have a material effect on the day-to-day lives of WFSI employees working at the company’s Broadview facility nor with the operations of the Wilbert licensee network throughout North America.
About Wilbert Funeral Services, Inc:
Wilbert Funeral Services, Inc. is the leading single-source supplier of burial vaults and cremation-related products and services to North American funeral homes. From its offices in Broadview, the company licenses the right to manufacture burial vaults under the Wilbert trademark to a network of over 200 licensees and sub-licensees throughout North America.
Latest posts by CDFuneralNews (see all)
- 49 Wilbert Licensees Earn Ultimate Service Provider for 2017 - February 7, 2018
- Learn and Connect at 2018 NFDA Professional Women’s Conference - February 7, 2018
- Aftercare.com chosen as a Preferred Partner of Selected Independent Funeral Homes - February 7, 2018
You may be interested
49 Wilbert Licensees Earn Ultimate Service Provider for 2017CDFuneralNews - February 7, 2018
BROADVIEW, IL, February 6, 2018 – Forty-nine Wilbert Licensees have earned the 2017 Ultimate Service Provider designation from Wilbert Funeral Services, Inc. (WFSI),…
Learn and Connect at 2018 NFDA Professional Women’s ConferenceCDFuneralNews - February 7, 2018
Brookfield, Wis. – Registration is open for the profession’s leading gathering for women in funeral service: the National Funeral Directors…
Aftercare.com chosen as a Preferred Partner of Selected Independent Funeral HomesCDFuneralNews - February 7, 2018
Clinton, NC - Aftercare.com announced today they have been chosen as a Preferred Partner with Selected Independent Funeral Homes. …