Merger Update: Medivet/multiple vets

Announcement of CMA Decision

Acceptance of Undertakings in Lieu of Reference

The CMA has today accepted undertakings in lieu of reference to Phase 2 given

by Medivet Group Limited, Hecate Holdco Limited (UK), CVC Capital Partners VIII (A) L.P., CVC Capital Partners VIII Associates L.P. and CVC Capital Partners Investment Europe VIII L.P (together, the Acquirer Group) under section 73 of the Enterprise Act 2002.  Medivet Group Limited's acquisitions of:

(a)   All Creatures Clinic Limited (All Creatures);

(b)   Barton Companion Animal Services Limited (Barton);

(c)   I T Kalogera (Holdings) Limited, including its subsidiary I T Kalogera Limited (t/a Brockwell Vets) (Brockwell Vets);

(d)   The assets and business of the veterinary practice under the name 'Caddy Veterinary Surgery/Practice' (Caddy Country);

(e)   E Street Limited (t/a Elizabeth Street Veterinary Clinic) (Elizabeth Street);

(f)    Ferring Street Vets Limited (Ferring Street);

(g)   Fitzalan House Veterinary Practice Limited (Fitzalan House);

(h)   The Hackney Vet Ltd (The Hackney Vet);

(i)    The assets and business of the veterinary practice under the name Iffley Vets (Iffley Vets);

(j)    The Oxford Cat Clinic Limited (Oxford Cat Clinic);

(k)   The assets and businesses of the veterinary practices under the name The Vet on Richmond Hill & The Vet in St Margaret's (The Vet on Richmond Hill & St Margaret's); and

(l)    The Vet Station Limited (The Vet Station)

will therefore not be referred to Phase 2 and the undertakings which have been signed by the Acquirer Group will come into effect from this date.

The text of this decision will be placed on the Competition and Markets Authority's website at https://www.gov.uk/cma-cases as soon as is reasonably practical.

In the event of media enquiries please email Press@cma.gov.uk.