Wed, 13 Sep 2017 | DIVISION SALE
A Gloucestershire veterinary practice has been bought out by CVS, the largest UK player in the industry.
B&W Equine Veterinary Group, which was established in 2009 when equine practices Bushy Equine Vets and The Willesley Equine Clinic merged, is set to become part of the CVS family but will remain a separate business division.
The company is described as the largest horse-specialised veterinary practice group in the South West of the UK, with practices in Cardiff, Gloucestershire and Bristol, employing more than 100 staff.
B&W also has a cutting-edge referral hospital in Breadstone, Gloucestershire, which caters for a range of equine illnesses and is “one of the Europe’s most advanced diagnostic and surgical centres”, according to the group’s website.
CVS’s chief executive, Simon Innes, has described the move as “strategically important” for the firm, giving it a foothold in the UK equine care market. He also cited the quick growth of the division as a key motivator, with CVS keen to develop and grow B&W to reach its potential.
Innes added: “The team at B&W bring enormous expertise to the CVS Equine group, and we are thrilled to have them join us, particularly as we are growing so rapidly in our equine division.”
As the largest veterinary group in the UK, CVS maintains more than 420 practices, staffed by 1,000 vets and 1,500 nurses, across the UK. It focuses on four main areas: veterinary practices, diagnostic laboratories, pet crematoria and a burgeoning e-commerce division.
B&W’s shareholders were advised by Momentum Corporate Finance around the deal, with many anticipating good returns following CVS’s successful purchase of Highcroft Veterinary Group earlier this year.
Subscribe to Business Sale Report here.
The company takes claims from insurance companies and fulfils repair and restoration services. Services include maintenance, home improvements, new builds, fire and flood restoration and specialist cleaning. Benefits from a number of clients, 80% of...
LEASEHOLD
With over 25 years trading, this business, based in the Midlands, is one of the largest in the sector and provides thermal imaging surveys and sales and rental of thermal cameras. The cameras used when conducting surveys, are some of the most accurat...
This business, that has been operating for some 25 years, has established itself as an important Contract Electronic Manufacturing partner to its many customers. It offers: Full transparency, responsiveness and flexibility. Proven ability to serve sm...
|
28
|
|
Oct
|
Arlington Automotive acquired out of administration by Ricor Global | BUSINESS SALE
Arlington Automotive North East has been acquired out of adm...
|
27
|
|
Oct
|
Dog treats company acquired by Spectrum Brands | BUSINESS SALE
Nottingham-based pet treat and toy maker Armitage Pet Care h...
|
26
|
|
Oct
|
Legal & General sells personal investing business to Fidelity | BUSINESS SALE
Legal & General Group has agreed the sale of its personal in...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources