August 31, 2022 - Bensalem, PA - StoneMor Inc., a leading owner/operator of cemetery and funeral homes in the United States and Puerto Rico, announced today that it has completed the full acquisition of Anderson Funeral and Cremation Services located at 218 W Hurlbut Ave., Belvidere, IL 61008. Terms of the agreement have not been disclosed.
Joe Redling, Chief Executive Officer of StoneMor Inc., commented, "StoneMor's acquisition of Anderson Funeral and Cremation Services is a valuable strategic move for us in the northern Illinois market. Anderson Funeral and Cremation Services has been serving the families of northern Illinois for many years and is a deeply committed and valued community partner. StoneMor is honored to be able to join with the Anderson family to continue to provide the highest level of family care. We're also very pleased that members of the Anderson Care Team will continue to be a part of the organization serving the community as they have been for many years."
Stephen and Diann Anderson stated, "We're truly honored to now be part of the StoneMor family. StoneMor's mission and core values as a company are in alignment with our own. Not only in the care offered to the community, but to our team members as well. StoneMor brings an extraordinary level of industry experience and operations knowledge that will enhance the manner of which we have cared for our community and carry into the next generation."
About StoneMor Inc.
StoneMor Inc., headquartered in Bensalem, Pennsylvania, is an owner and operator of cemeteries and funeral homes in the United States. With 300 cemeteries and 69 funeral homes in 23 states and Puerto Rico, StoneMor serves 60,000 families annually with caring and compassionate family service. StoneMor's cemetery products and services, which are sold on both a pre-need (before death) and at-need (at death) basis, include burial lots, lawn and mausoleum crypts, burial vaults, caskets, memorials, and all services which provide for the installation of this merchandise. For additional information about StoneMor Inc., please visit StoneMor's website at www.stonemor.com.
About Anderson Funeral and Cremation Services
Anderson Funeral and Cremation Services has been serving families in Boone and Winnebago counties since 1890. They have a long and proud history through four generations and 125 years of industry experience caring for the final needs of families in their community. The recent completion of a 4,000-square-foot, state-of-the-art Care Facility, which includes two cremators, provides expanded cremation capabilities. Anderson Funeral and Cremation Services serves the Belvidere, Rockford, and Love Park, IL communities. For additional information, please visit www.andersonfcs.com
For additional information, please contact Keith Trost, StoneMor Inc. Senior Vice President of Corporate Development, at ktros@stonemor.com.