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RNS Number : 3829H Competition and Markets Authority 23 November 2022
Initial Enforcement Orders
The CMA has served initial enforcement orders under section 72(2) of the
Enterprise Act 2002 on 31 October 2022, on Independent Vetcare Limited; IVC
Acquisition Pikco Ltd; IVC Acquisition Topco Limited; Islay New Group Holding
S.A.; Société Des Produits Nestlé S.A.; Browne Holding S.à r.l.; EQT AB
and redacted , in relation to the completed acquisitions by Independent
Vetcare Limited of Penrose Veterinary Group Limited; Kevin Castle (Pet Care)
Ltd; Swayne & Partners Topco Limited (including Swayne & Partners
Ltd); Treforest Vets (Holdings) Limited (including Treforest Veterinary Clinic
Limited); Mercer & Hughes Limited; Swaffham Veterinary Centre Ltd;
Anglesey Pet Clinic Ltd and Chiltern Equine Clinic (including Chiltern
Veterinary Services Ltd & Chiltern Bury Farm Ltd). The initial enforcement
orders all commenced on 31 October 2022.
Revocation order
The initial enforcement orders served on 31 October 2022 were subsequently
revoked on 17 November 2022 by way of a revocation order served on Independent
Vetcare Limited; IVC Acquisition Pikco Ltd; IVC Acquisition Topco Limited;
Islay New Group Holding S.A.; Société Des Produits Nestlé S.A.; Browne
Holding S.à r.l.; EQT AB and redacted .
Reissuance of initial enforcement orders
On 17 November 2022 the CMA served initial enforcement orders under section
72(2) of the Enterprise Act 2002 on Independent Vetcare Limited; IVC
Acquisition Pikco Ltd; IVC Acquisition Topco Limited; Islay New Group Holding
S.A.; Société Des Produits Nestlé S.A.; EQT Fund Management S.à r.l. and
Berkshire Partners LLC, in relation to the completed acquisitions by IVC of
Penrose Veterinary Group Limited; Kevin Castle (Pet Care) Ltd; Swayne &
Partners Topco Limited (including Swayne & Partners Ltd); Treforest Vets
(Holdings) Limited (including Treforest Veterinary Clinic Limited); Mercer
& Hughes Limited; Swaffham Veterinary Centre Ltd; Anglesey Pet Clinic Ltd
and Chiltern Equine Clinic (including Chiltern Veterinary Services Ltd &
Chiltern Bury Farm Ltd). The initial enforcement orders all commenced on 17
November 2022.
The text of the abovementioned orders has been published on the Competition
and Markets Authority's website at https://www.gov.uk/cma-cases
(https://www.gov.uk/cma-cases) .
For Publicity:
The full title of the Merger Case:
Completed acquisitions by Independent Vetcare Ltd of eight independent
veterinary businesses
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