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VetPartners / VetLove

Under assessment · Notification · Phase 1 · day 4, due 20 Nov 2026

Financial Services & InsuranceMN-75031ACCC register

VetPartners Australia, indirectly controlled by EQT Fund Management S.à r.l., proposes to acquire 100% of the issued share capital in VetLove Holdings Pty Ltd. Both companies operate general veterinary services clinics for companion animals across Australia, with VetPartners having 202 clinics and VetLove 15.

Timeline

  1. 9 Oct 2026Filed with the ACCC
  2. 20 Nov 2026Decision due

Acquisition details

VetPartners Australia Pty Ltd ( VetPartners ), through a newly incorporated holding company, Unity HoldCo Pty Ltd, proposes to acquire 100% of the issued share capital in VetLove Holdings Pty Ltd, the parent entity of the VetLove group which holds majority shareholdings in the group’s 15 veterinary clinics (together, VetLove ) (the Acquisition ). VetPartners supplies general veterinary services to companion animals via a network of 202 clinics across Australia, including 51 clinics in Queensland and 50 in New South Wales. VetPartners also operates a range of businesses in the broader animal health sector including the Brisbane Veterinary Specialist Centre and other specialist and emergency hospitals, United Vets Group which is a veterinary buying group, Pet Chemist which is an online veterinary pharmacy and Pet Angel which is a pet crematorium. EQT Fund Management S.à r.l., which indirectly holds and solely controls VetPartners, also holds an interest in Dechra Pharmaceuticals, a global veterinary pharmaceuticals supplier. VetLove operates 15 general veterinary services clinics across South East Queensland and Northern New South Wales.

Parties

Acquirer
VETPARTNERS AUSTRALIA PTY LTD ABN - 44 114 962 453, Unity HoldCo Pty Ltd ABN - 32 698 307 881, EQT Fund Management S.à r.l. Registration number - B167972
Target
VetLove Holdings Pty Ltd ABN - 62 609 398 781
ANZSIC
  • 6240 Financial Asset Investing
  • 6970 Veterinary Services

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