InvoCare
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Company type | Public |
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ASX: IVC | |
Industry | Funeral Services |
Founded | 2001 |
Headquarters | , Australia |
Number of locations | 290 funeral homes & 16 cemetery crematoria (2018) |
Key people | Martin Earp, CEO |
Products | Funerals, Cemeteries, Cremations, Pre-planning |
Website | invocare |
InvoCare Limited (InvoCare) is an Australian public company with funeral interests in Australia, New Zealand and Singapore. InvoCare is the largest private provider of funeral homes, cemeteries and crematoria in the Asia-Pacific.[1] InvoCare employs around 1,800 people globally and has a current turnover of approximately $400 million a year.[2]
Incorporation
InvoCare Limited was created in 2001 as part of a divestment by Service Corporation International who sold an 80% stake of their Australian funeral division to a consortium led by Macquarie Bank. In 2003 InvoCare Limited was floated on the Australian Securities Exchange.[3]
Brands
InvoCare owns and operates a number of funeral service brands in the Australian and New Zealand marketplaces and operate more than 270 funeral homes and 16 cemeteries and crematoria[4] in their network. Through their ‘Protect & Grow’ investment plan, InvoCare are continuously reviewing acquisition[5] opportunities in both their core and new regional markets, to provide them with the right brands in locations in order to position the business for long-term sustainable growth.
Australian Brands
In Australia, InvoCare own three national brands - White Lady Funerals,[6] Simplicity Funerals[7] and Value Cremations which make up approximately 120 locations and mobile services. In addition to these brands, InvoCare also have more than 40 regional brands including Le Pine Funerals[8] in Victoria (Australia), Guardian Funerals[9] in New South Wales, Purslowe & Chipper Funerals[10] in Western Australia and George Hartnett Metropolitan Funerals[11] in Queensland.
New Zealand Brands
In New Zealand, InvoCare own approximately 35 funeral homes and increasing as a result of their "protect and grow" acquisition strategy. Brands in New Zealand include Gee & Hickton Funeral Directors[12] in Upper & Lower Hutt, Elliots Funeral Services[13] in Bay of Plenty, Fountains Funerals Directors & Advisors[14] in South Auckland, Lychgate Funeral Homes in Wellington, and Resthaven Funeral Services in Auckland.
References
- ^ http://www.invocare.com.au/driver.asp?page=/about+us/corporate+profile+-+introduction
- ^ "About | InvoCare". www.invocare.com.au. Retrieved 19 July 2018.
- ^ "Archived copy". Archived from the original on 12 December 2013. Retrieved 6 December 2013.
{{cite web}}
: CS1 maint: archived copy as title (link) - ^ "Australia". www.invocare.com.au. Retrieved 7 June 2016.
- ^ "InvoCare Acquires Hastings Funerals in 10th acquisition in eight months". www.afr.com. Retrieved 5 October 2018.
- ^ "White Lady Funerals". www.whiteladyfunerals.com.au. Retrieved 4 October 2018.
- ^ "Simplicity Funerals". www.simplicityfunerals.com.au. Retrieved 4 October 2018.
- ^ "Le Pine Funerals". www.lepinefunerals.com.au. Retrieved 4 October 2018.
- ^ "Guardian Funerals". www.guardianfunerals.com.au. Retrieved 4 October 2018.
- ^ "Purslowe & Chipper Funerals". www.purslowechipperfunerals.com.au. Retrieved 4 October 2018.
- ^ "George Hartnett Metropolitan Funerals". www.ghmfunerals.com.au. Retrieved 4 October 2018.
- ^ "Gee & Hickton Funeral Directors". www.geeandhickton.co.nz. Retrieved 5 October 2018.
- ^ "Elliots Funeral Services". www.elliotsfunerals.co.nz. Retrieved 5 October 2018.
- ^ "Fountains Funeral". www. fountainsfunerals.co.nz. Retrieved 5 October 2018.