Wilbert Funeral Services, Inc. and Suhor Industries, Inc Announce Merger

April 15, 2014
Advertisement

Wilbert Funeral Services, Inc. and Suhor Industries, Inc. announced today an agreement in principle to merge their companies.  Wilbert Funeral Services, Inc. would be the surviving corporate entity.  The Boards of Directors for both companies have approved the letter of intent and the transaction will be presented to shareholders at an upcoming meeting.

Wilbert Funeral Services, Inc. (WFSI) is a leading provider of burial vaults and cremation-related products.  Suhor Industries, Inc. (SI) is the largest Wilbert licensee, with controlling interest in WFSI.  In addition to Wilbert burial vaults, SI’s funeral industry products include monuments, lawn crypts, columbarium niches, mausoleums and caskets.  SI also produces precast concrete products for wastewater, construction and agricultural markets.

“This merger will result in a very diverse and strong organization positioned for growth within the funeral and precast industries,” said Joseph U. Suhor, III, Chairman/CEO, Suhor Industries, Inc. “We are excited to move forward with this merger and create enhanced value for our customers.”

Advertisement

“WFSI also believes this strategic evolution will be advantageous to the entire Wilbert licensee network,” stated Dennis Welzenbach, President, Wilbert Funeral Services, Inc. “The combined capabilities and strength of the entity will ensure stability of the core products while improving opportunities for other licensees to diversify.”

For more information, call (708) 865-1600.

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

WISCONSON VERDICT HAS HHUUGGEE IMPLICATIONS ON THE FUNERAL PROFESSION | FUNERAL nation 117
Funeral Industry News
1040 views
Funeral Industry News
1040 views

WISCONSON VERDICT HAS HHUUGGEE IMPLICATIONS ON THE FUNERAL PROFESSION | FUNERAL nation 117

CDFuneralNews - July 16, 2018

The divide continues in the land of cheese. Wisconsin Supreme Court delivered the final verdict saying Funeral Homes and cemeteries…

Cremation On The Rise: NFDA Predicts The National Cremation Rate Will Climb By A Third Within 20 Years
Funeral Industry News
44 views
Funeral Industry News
44 views

Cremation On The Rise: NFDA Predicts The National Cremation Rate Will Climb By A Third Within 20 Years

CDFuneralNews - July 16, 2018

BROOKFIELD, Wis. -- Over the next 18 years, the rate of cremation in the United States is projected to increase by nearly 30…

Homesteaders Expands Finding Resilience to Include New “Ask Dr. Troyer” Video Series
Funeral Industry News
14 views
Funeral Industry News
14 views

Homesteaders Expands Finding Resilience to Include New “Ask Dr. Troyer” Video Series

CDFuneralNews - July 16, 2018

West Des Moines, IA – Homesteaders Life Company has expanded its popular Finding Resilience burnout prevention program to include a new video series,…

Comments