Merger Update: Medivet/Multiple vet businesses

Start of CMA merger investigations: Completed acquisitions by Medivet Group Limited of seventeen independent veterinary businesses

The Competition and Markets Authority (CMA) has launched its formal investigations into the completed acquisitions by Medivet Group Limited (Medivet) of:

·      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 subsidiary I T Kalogera Limited) (t/a Brockwell Vets)

·      Monument Vets Ltd

·      Fitzalan House Veterinary Practice Ltd

·      Ferring Street Vets Limited

·      The Hackney Vet Limited

·      The assets and business of the veterinary practice under the name Caddy Veterinary Surgery/Practice

·      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 & The Vet in St Margaret's

·      Withy Grove Veterinary Clinic Limited

The CMA is considering whether it is or may be the case that any or all of these transactions have resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of any of those situations has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

The CMA announced the launch of its merger inquiries by notice to the Parties on 17 March 2023 and has a deadline of 18 May 2023 for its phase 1 decisions in relation to each of the acquisitions.