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Service Corporation International is an American provider of funeral goods and services as well as cemetery property and services. It is headquartered in Neartown, Houston, Texas, and operates secondary corporate offices in Jefferson, Louisiana (near New Orleans). [5] [6] SCI operates more than 1500 funeral homes and 400 cemeteries. [1]
The Alderwoods Group formed on January 2, 2002, after the Loewen Group, then the second largest funeral home and cemetery operator in North America, emerged from bankruptcy. [2] In November 2006, Alderwoods was acquired by Service Corporation International in a US$1.2 billion deal reached in April of the same year. [3] [4]
California Cemetery and Funeral Bureau Certificate of Authority – Cemetery, License Number 506 Archived February 22, 2016, at the Wayback Machine, Funeral Establishment License Number 951 Archived June 24, 2017, at the Wayback Machine; U.S. Geological Survey Geographic Names Information System: Westwood Memorial Park
[26] [27] That same month, it was announced that the American real estate investment and development firm CBRE Group had submitted a bid valued at £267.4 million to acquire Telford Homes and that the price had met with the approval of the firm's directors. [28] [21] Four months later, the acquisition was completed. [29]
In 1985 Loewen Group went public and, in 1987, the company expanded into the United States. In the years that followed, Loewen rapidly expanded his company, purchasing hundreds of small independent funeral homes. By the mid-90s, the company had 15,000 employees and operated 1,115 funeral homes and was the world's second-largest funeral chain. [10]
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The company went public in 1991, and, over the next several years, expanded to 30 states and 12 countries. In 1997, the firm announced a partnership with the Archdiocese of Los Angeles for the building and construction of funeral homes on nine of the Church's cemeteries [5] and management of preneed sales at 11 cemeteries. Stewart Enterprises ...