REG - CVS Group plc - Acquisition of Anton Vets

CVSAnnouncement

06/05/2022 07:00

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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.£6m.  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 (http://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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