Funeral director Dignity announces £43m expansion deal

SUTTON Coldfield-based Dignity, the UK's only listed funeral services business, has expanded its UK network of crematoria in a £43m acquisition.

Dignity has signed a conditional sale and purchase agreement to acquire five crematoria currently operated by Funeral Services Ltd (trading as Co-op Funeralcare). The deal will be settled in cash upon completion.

The crematoria are situated in areas not currently served by Dignity. Of the facilities acquired, three are freehold and based in Glasgow, Sheffield and Lic... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...