Propel Funeral Partners Limited (ASX:PFP) agreed to acquire Olsens Funerals and J Fraser & Sons for AUD 41.2 million on May 12, 2023. Consideration comprises of Cash payment of AUD 41 million and AUD 0.2 million will be payable in cash if certain financial milestones are achieved during the three years following completion of the transaction. The transaction is expected to complete during Q1 FY 2024.

Propel Funeral Partners Limited (ASX:PFP) completed the acquisition of Olsens Funerals and J Fraser & Sons on July 10, 2023.