CVS acquires Falkland Veterinary Clinic

CVS Group Plc, a Norfolk-based provider of veterinary services, has acquired the Falkland Veterinary Clinic for an undisclosed sum. 


CVS Group Plc, a Norfolk-based provider of veterinary services, has acquired the Falkland Veterinary Clinic for an undisclosed sum. 

CVS Group Plc, a Norfolk-based provider of veterinary services, has acquired the Falkland Veterinary Clinic for an undisclosed sum.

Berkshire-based Falkland employs 25 staff. In the year ending April 2009, the company generated revenues of £1 million and pre-tax profits of £52,000.

The deal comes after a string of acquisitions made by CVS, the most recent being Earls Hall Veterinary Group in April and Beechwood Veterinary Hospital in March. The consideration will be paid from the company’s existing cash pool.

CVS chief executive Simon Innes said: ‘The Falkland Veterinary Clinic is a well established clinic with over two decades of experience in animal care and which recently relocated to state of the art facilities.’  

In the six months ending December 2008, CVS reported revenues of £37.2 million and pre-tax profits of £1.8 million.

Nick Britton

Lexus Ernser

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

Related Topics

Venture capital funding