CVS Group PLC Sells Crematoria Operations

CVS Group PLC has announced the sale of its crematoria operations to Anima Care UK Limited in a deal valued at £42.4 million. This strategic move is part of CVS Group PLC's broader plan to streamline its business operations.

In a strategic move, CVS Group PLC has agreed to sell its crematoria operations to Anima Care UK Limited. The proposed deal is valued at £42.4 million, marking a significant restructuring effort by CVS Group.

The disposal aims to streamline CVS Group's operations and focus on its core competencies.

This transaction reflects a broader trend within the industry towards specialization and efficiency.

(With inputs from agencies.)