Stewart Enterprises, Inc. Announces Acquisition Of Garden Oaks Funeral Home In Houston
JEFFERSON, La., Oct. 2, 2012 (GLOBE NEWSWIRE) -- Stewart Enterprises, Inc. (Nasdaq:STEI) reported today that it has purchased Garden Oaks Funeral Home in Houston.
"I am proud that Garden Oaks Funeral Home has joined our family of businesses serving the Houston market," said President and Chief Executive Officer Thomas M. Kitchen. "Our growth strategy involves seeking out and acquiring quality businesses to complement our existing operations." Kitchen said he is pleased that former owner/operator Dr. Charles Cho will remain as a valued consultant. "Because of Dr. Cho's leadership, this facility's strong reputation and high standards will certainly enhance the service we provide families."
Executive Vice President of Operations and Sales Kenneth G. Myers is pleased to welcome the dedicated Garden Oaks Funeral Home staff to Stewart's Southwestern Region team. "This facility has been providing caring, quality service to families since 1995," Myers said. "We look forward to expanding our ability to now serve the multi-cultural community of West Houston."Founded in 1910, Stewart Enterprises, Inc. is the second largest provider of products and services in the death care industry in the United States, currently owning and operating 218 funeral homes and 141 cemeteries. Through its subsidiaries, the Company provides a complete range of funeral and cremation merchandise and services, along with cemetery property, merchandise and services, both at the time of need and on a preneed basis. The Stewart Enterprises, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4456
CONTACT: Martin R. de Laureal Stewart Enterprises, Inc. 1333 S. Clearview Parkway Jefferson, LA 70121 504-729-1400
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