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CVS floated on the alternative investment market (AIM)
Arlo Guthrie
VetSurgeon News
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6 Oct 2007 9:01 AM
CVS Group has been successfuly floated on the alternative investment market at a market value of £105.7 million.
CVS was established in August 1999 and with financial backing from funds managed by Sovereign Capital, it commenced the consolidation of the veterinary practice market. To date it has made 39 acquisitions and now comprises 45 practices nationwide together with three diagnostic laboratories.
Based in Diss, Norfolk, CVS operates as two divisions. The practice division is composed of 127 small animal veterinary surgeries, more than double the number of small animal veterinary surgeries operated by the nearest competitor, and one equine surgery; the three laboratories making up the diagnostic division provide services to CVS and to third parties. CVS currently employs over 1,200 staff, including over 270 vets.
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Topics
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CVS
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