Rumbu Holdings Ltd (TSE:RMB) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Rumbu Holdings Ltd., a Western Canada-based funeral services provider, has strategically expanded its operations by acquiring MacKenzie Funeral Chapel through the purchase of Northern Funeral Service Ltd. The acquisition, funded by a lending facility and the issuance of Promissory Notes, aligns with Rumbu’s growth strategy to partner with and operate funeral homes, ensuring the continuation of high-quality services in rural and mid-market communities.
For further insights into TSE:RMB stock, check out TipRanks’ Stock Analysis page.
