CMA launches investigation into Medivet acquisitions
The CMA has served initial enforcement orders under section 72(2) of the Enterprise Act 2002.
The Competition and Markets Authority (CMA) is investigating 17 completed acquisitions by Medivet Group Limited of independent veterinary businesses.
In phase one of the investigations, 17 acquisitions are to be to invested:
- All Creatures Clinic Limited
- The assets and business of the veterinary practice under the name Hollies Veterinary Surgery
- Canine Healthcare Limited (t/a Vet Value)
- The assets and business of the veterinary practice under the name Iffley Vets
- The Oxford Cat Clinic Limited
- The Vet Station Limited
- Barton Companion Animal Services Limited
- Stanhope Park Veterinary Hospital Limited
- I T Kalogera Holdings Ltd (including its subsidary I T Kalogera Limited) (t/a Brockwell Vets)
- Monument Vets Ltd
- Fitzalan House Veterinary Practice Ltd
- Ferring Street Vets Limited
- Caddy Country Practice Limited
- E Street Limited (t/a Elizabeth Street Veterinary Clinic)
- The assets and businesses of the veterinary practices under the name The Vet on Richmond Hill and The Vet in St Margaret's
- Withy Grove Veterinary Clinic Limited.
The initial enforcement orders were served on 21 December 2022, and the deadline has not yet been set for phase one decisions. For full information on the acquisitions investigation, visit the CMA website.
FIVP has shared a survey, inviting those working in independent practice to share their views on the CMA's proposed remedies.
