Invocare (IVC)

Shares / Stock Code

IVC

Stock Exchange / Sharemarket

Australian Securities Exchange

InvoCare (IVC) caters funerals, burials and cremations related services in Australia and Singapore. InvoCare listed on the Australian Stock Exchange on 4th December, 2003. There are about 151 funeral locations, 12 cemeteries and crematoria under management of IVC. The Company offers two national brands comprising White Lady Funerals and Simplicity. Its traditional funeral home brands consist of Blackwell, Guardian, George Hartnett, Le Pine, Purslowe. The Company also offers Value/Economy Funerals for those families who are financially not strong. IVC’s cemetery/crematoria business comprises sites, like Newcastle Memorial Park, Lakeside Memorial Park, Pinegrove Memorial Park, Forest Lawn Memorial Park, Lake Maquarie Memorial Park, Castlebrook Memorial Park, Albany Creek Memorial Park, Mt Thompson Memorial Gardens and Allambe Memorial Park. On March 1, 2007, InvoCare completed the acquisition of Liberty Funerals Pty Limited. It took over the assets of Chippers Funeral business on December 13, 2007.

The Company aims to expand its Guardian brand in the traditional market. The fragmented nature of the market has allowed the Company to achieve business growth through acquisition. IVC holds a strong presence in the funeral industry and is focused on providing innovative and enhanced services. IVC seeks to maximise the wealth of investor via sound fiscal management and corporate growth.

Invocare History

InvoCare was floated on the Australian Stock Exchange in December 2003, with a raising of $172M. The company commenced operations during the 1990s as Service Corporation International Australia (SCIA). Service Corporation International (NYSE: SCI), a leading funeral services provider in the US held a 20% share in SCIA. The Company’s balance was owned by private equity investors. In 2003, SCI disinvested its equity interest in SCIA.

Invocare (IVC) Products and Services

  • Provider of funerals, burials and cremations.

Invocare (IVC) Locations and Subsidiaries

Invocare Head Office
Level 4, 153 Walker Street
North Sydney, NSW, Australia, 2060
Phone: (02) 9978 5200
Fax: (02) 9978 5299
Email: info@invocare.com.au

Invocare Subsidiaries

InvoCare Australia Pty Limited Australia
New South Wales Cremation Company Pty Limited Australia
Cremations (Newcastle) Holdings Pty Limited Australia
Cremations (Newcastle) Pty Limited Australia
Macquarie Memorial Park Pty Limited Australia
Macquarie Funeral Service Pty Limited Australia
Novocastrian Funerals Pty Limited Australia
Novocastrian Funerals Unit Trust Australia
Catholic Funerals Newcastle Pty Limited Australia
Mead & Purslowe Pty Limited Australia
Mead & Purslowe Trading Trust Australia
Oakwood Funerals Pty Limited Australia
Dignity Pre-Arranged Funerals Pty Limited Australia
Memorial Guardian Plan Pty Limited Australia
Pine Grove Forest Lawn Funeral Benefit Company Pty Limited Australia
Kitleaf Pty Limited Australia
The Australian Cremation Society Pty Limited Australia
Metropolitan Burial and Cremation Society Funeral Contribution Fund Pty Limited Australia
Labor Funerals Contribution Fund Pty Limited Australia
Purslowe Custodians Pty Limited Australia
Beresfield Funerals Pty Limited Australia
Restbind Pty Limited Australia
D & J Drysdale Pty Ltd Australia
Liberty Funerals Pty Limited Australia
IVC Employee Share Plan Managers Pty Ltd Australia
InvoCare (Singapore) Pty Limited Australia
Singapore Casket Company (Private) Limited Singapore
Casket Palace Pty Ltd Singapore
InvoCare New Zealand Limited

Other Invocare Details

Invocare Ltd Year Established: 2001
ABN: 42 096 437 393
ACN: 096 437 393

Invocare (IVC) Share Price

Submitted by ASX Listed Company on 5 November, 2008 - 23:14