A brief but significant RNS reach this morning. CVS has announced the acquisition of Anton Vets, a single site veterinary practice in Andover, Hampshire for c.£6m. This is a clear signal to the market that the recent CMA outcome was nothing more than a setback and that selective acquisitions remain part of the overall growth thesis. With c.45% of UK veterinary practices in independent hands, there is plenty of white space in the UK in which CVS has limited presence. This transaction is an excell ....
06 May 2022
Positive UK M&A news
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Positive UK M&A news
CVS Group plc (CVSG:LON) | 973 116.8 1.2% | Mkt Cap: 697.8m
- Published:
06 May 2022 -
Author:
Sahill Shan -
Pages:
3
A brief but significant RNS reach this morning. CVS has announced the acquisition of Anton Vets, a single site veterinary practice in Andover, Hampshire for c.£6m. This is a clear signal to the market that the recent CMA outcome was nothing more than a setback and that selective acquisitions remain part of the overall growth thesis. With c.45% of UK veterinary practices in independent hands, there is plenty of white space in the UK in which CVS has limited presence. This transaction is an excell ....