The Competitions and Markets Authority (CMA) has announced that it is investigating eight acquisitions by Independent Vetcare Limited.
16 clinics are affected by the investigation, namely Penrose Veterinary Group Limited, Kevin Castle (Pet Care) Ltd, Swayne & Partners Ltd, Treforest Veterinary Clinic Ltd, Mercer & Hughes Limited, Swaffham Veterinary Center Limited, Anglesey Pet Clinic Ltd, Chiltern Equine Clinic.
It’s not the first time, of course, that the CMA has intervened in the veterinary profession.
Earlier this year, it investigated the acquisition of Quality Pet Care (trading as The Vet) by CVS, and then Vet Partners’ acquisition of Goddards, which led to CVS selling The Vet and Vet Partners selling eight of the 47 Goddards sites to Linnaeus.
An IVC spokesperson said: “IVC Evidence is working closely with the CMA and engaging constructively with this review.”
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