Search

CVS Group strengthens equine division with chain of vet practices in south-west

PUBLISHED: 14:29 12 September 2017 | UPDATED: 14:30 12 September 2017

CVS veterinary practice group chief executive Simon Innes.

PHOTO: Nick Butcher

CVS veterinary practice group chief executive Simon Innes. PHOTO: Nick Butcher

©archant2017

Growing veterinary group CVS has snapped up another chain of practices in the south-west.

The Diss-based group acquired B&W Equine Veterinary Group in Gloucestershire, which operates a hospital and three practices, employing more than 100 staff.

B&W is the largest specialist equine veterinary group in the South West and reported revenues of £6m in the year to February 28.

The move will bolster CVS’s equine division, which has grown substantially over the last 18 months and now stands at 32 sites across the UK.

Simon Innes, chief executive of CVS, said: “The team at B&W bring enormous expertise to the CVS equine group, and we are thrilled to have them join us, particularly as we are growing so rapidly in our equine division.”

Momentum Corporate Finance advised the shareholders of B&W on the sale.

Ian Camm, managing director of B&W, said: “We are excited about life under CVS’ ownership. While we are familiar with acquiring smaller veterinary practices, the B&W shareholders had not experienced a sale process before.

“As such, it was imperative that we had an experienced corporate finance adviser to guide us through the process and Momentum’s advice and expertise was invaluable.”

CVS Group was the winner of the Top100 Accelerator award at the EDP Business Awards in 2016.

Other news

40 minutes ago

A venue in South Norfolk made it to the regional finals of The Wedding Industry Awards.

A property was burgled in a Norfolk village.

10:42

A much-loved pet has gone missing after a burglary at her owner’s home.

Work has started on the £10m EACH nook hospice in Framingham Earl, to replace the Quidenham hospice. Sophie Wyllie spoke to a family helped by the charity.

Most Read

40 minutes ago

A venue in South Norfolk made it to the regional finals of The Wedding Industry Awards.

Read more
United Kingdom

A property was burgled in a Norfolk village.

Read more
Tuesday, November 14, 2017

A Suffolk pub was packed out for its quiz night as it turned its usual Tuesday quizzing into a fundraising night for the Poppy Appeal and The Royal British Legion.

Read more
Royal British Legion
10:42

A much-loved pet has gone missing after a burglary at her owner’s home.

Read more
Friday, November 17, 2017

Shoppers in Diss will have less parking spaces if plans to build on more than 60 spaces from a supermarket in the town 
go ahead.

Read more
South Norfolk Council

Local Weather

Overcast

Overcast

max temp: 11°C

min temp: 10°C

Show Job Lists

Digital Edition

Image
Read the Diss Mercury e-edition today E-edition

Newsletter Sign Up

Sign up to receive our regular email newsletter