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.
Operating internationally, the company offers the development, hosting, and maintenance of electronic document management software. The business provides maintenance contracts, licences, installation, and training for its software.
This well-established business excels in resin floor installation and repairs, alongside additional services like stainless steel drainage installations, catering to diverse sectors including engineering, aerospace, and healthcare across South West E...
The companies supply an array of gases to suit various applications, with the group’s offering comprising all types of argon, oxygen, acetylene, nitrogen, carbon dioxide, refrigerant gases, propane and butane.
LEASEHOLD
15
|
Sep
|
Mears Group acquires housing compliance firm in £9.5m deal | BUSINESS SALE
Pennington Choices Group Limited (PCL), a social housing com...
15
|
Sep
|
Future of Bristol sheet metal fabricator secured with acquisition | BUSINESS SALE
A longstanding sheet metal fabricator based in Bristol has b...
15
|
Sep
|
Materials handling firm acquires furniture skate manufacturer | BUSINESS SALE
BIL Group, a Wiltshire-based manufacturer of materials handl...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.