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

Take That Step | FUNERAL hustle 013
FUNERAL Hustle
156 views
FUNERAL Hustle
156 views

Take That Step | FUNERAL hustle 013

DISRUPT Media - October 5, 2017

We hit Atlantic City for the 2017 New Jersey State Funeral Directors Association Annual Convention. We unveiled a brand new…

Transgender Woman Sues Metro Detroit Funeral Homes After Losing Her Job
News
181 views
News
181 views

Transgender Woman Sues Metro Detroit Funeral Homes After Losing Her Job

CDFuneralNews - October 5, 2017

Originally Published on WXYZ Detroit Should someone be fired because they are transgender? A transgender woman has sued the owner of…

How to Leverage the One Statistic Everyone is Ignoring and It’s a Game Changer
Death Discussions
374 views
Death Discussions
374 views

How to Leverage the One Statistic Everyone is Ignoring and It’s a Game Changer

Ryan Thogmartin - October 4, 2017

As a profession, we are completely undervaluing the need to get attention and immediately provide value back to that consumer. It…

Comments