StoneMor buys Wisconsin cemeteries
StoneMor Partners L.P., a Trevose owner and operator of cemeteries and funeral homes, on Monday announced a $12 million deal involving 16 Wisconsin cemeteries and a granite importing and finishing business.
StoneMor Partners L.P., a Trevose owner and operator of cemeteries and funeral homes, on Monday announced a $12 million deal involving 16 Wisconsin cemeteries and a granite importing and finishing business.
StoneMor, which is best known in the Philadelphia region for leasing and operating cemeteries owned by the Archdiocese of Philadelphia, said it had already acquired 10 of the Wisconsin cemeteries and would either buy or manage an additional six, depending on whether it receives consents.
With the addition of the Wisconsin properties, which cover 500 acres, 150 of them undeveloped, StoneMor owns 317 cemeteries and 107 funeral homes in 29 states and Puerto Rico.
215-854-4651
@InqBrubaker