Wilbert Inc. Splits into Two Independent Companies

August 26, 2009
Advertisement

image 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.”

Advertisement

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.

CDFuneralNews

CDFuneralNews

ConnectingDirectors.com is the leading online daily publication for funeral professionals with a reader base of over 45,000 of the most elite and forward-thinking professionals in the profession. With ConnectingDirectors.com we have created a global community through an online platform allowing funeral professionals to Stay Current. Stay Informed and Stay Elite.
CDFuneralNews
Advertisement

You may be interested

49 Wilbert Licensees Earn Ultimate Service Provider for 2017
Funeral Industry Press Releases
10 views
Funeral Industry Press Releases
10 views

49 Wilbert Licensees Earn Ultimate Service Provider for 2017

CDFuneralNews - 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 Conference
Funeral Industry Press Releases
10 views
Funeral Industry Press Releases
10 views

Learn and Connect at 2018 NFDA Professional Women’s Conference

CDFuneralNews - 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 Homes
Funeral Industry Press Releases
10 views
Funeral Industry Press Releases
10 views

Aftercare.com chosen as a Preferred Partner of Selected Independent Funeral Homes

CDFuneralNews - February 7, 2018

Clinton, NC -  Aftercare.com announced today they have been chosen as a Preferred Partner with Selected Independent Funeral Homes.  …

Comments