CVS Group plc Acquisition of Anton Vets (5391K)
06 May 2022 - 4:01PM
UK Regulatory
TIDMCVSG
RNS Number : 5391K
CVS Group plc
06 May 2022
6 May 2022
CVS Group Plc
("CVS", the "Company" or the "Group")
Acquisition of Anton Vets
CVS, the AIM-quoted veterinary group and one of the UK's leading
providers of integrated veterinary services, is pleased to announce
that on 5 May 2022 it acquired the entire share capital of Anton
Vets Ltd, a single site veterinary practice in Andover, Hampshire
for consideration of c.GBP6m. The consideration is being funded
using the Group's existing bank facilities.
Contacts:
CVS Group plc via MHP Communications
Richard Fairman, CEO
Jenny Farrer, Company Secretary
Singer Capital Markets (Nominated Adviser
& Broker) +44 20 7496 3000
Aubrey Powell / Jen Boorer / Rachel Hayes
MHP Communications (Financial PR) +44 20 3128 8549
Andrew Jaques / Rachel Mann / Charles
Hirst
About CVS Group plc ( www.cvsukltd.co.uk )
CVS Group is an AIM-quoted fully-integrated provider of
veterinary services in the UK, with practices in the Netherlands
and the Republic of Ireland. CVS is focused on providing high
quality clinical services to its customers and their animals, with
outstanding and dedicated clinical teams and support colleagues at
the core of its strategy.
The Group has c.500 veterinary practices across its three
markets, including eight specialist referral hospitals and 35
dedicated out-of-hours sites. Alongside the core Veterinary
Practices division, CVS operates Laboratories (providing diagnostic
services to CVS and third-parties), Crematoria (providing pet
cremation and clinical waste disposal for CVS and third-party
practices), Buying Groups and the Group's online retail business
("Animed Direct").
The Group employs c.7,900 personnel, including c.2,100
veterinary surgeons and c.2,800 nurses.
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END
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