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Apiam / Goulburn Valley Equine Hospital

Under assessment · Notification · Phase 1 · day 8, due 12 Nov 2026

Agriculture, Food & BeverageMN-80045ACCC register

AAH Veterinary Services Pty Ltd, a subsidiary of Apiam Animal Health Limited (backed by Adamantem Capital Management), proposes to acquire 100% of the business and assets of Goulburn Valley Equine Hospital. This expands Apiam's rural veterinary services, including equine, by acquiring a specialist equine veterinary provider in Shepparton, Victoria.

Timeline

  1. 30 Sept 2026Filed with the ACCC
  2. 12 Nov 2026Decision due

Acquisition details

AAH Veterinary Services Pty Ltd ( AAH ), a wholly-owned subsidiary of Apiam Animal Health Limited ( Apiam ), proposes to acquire 100% of the business and business assets of Goulburn Valley Equine Hospital (the Acquisition ). Apiam is a rural veterinary businesses, comprising more than 80 veterinary clinics and ancillary business sites across Australia, and supplies a range of veterinary services across Australia. This includes companion animal, equine, dairy, beef cattle, sheep and goat, pig, poultry and mixed animal veterinary services, together with veterinary diagnostics, emergency and after-hours services, reproductive and herd health services, and pathology, laboratory and advisory services. Apiam is ultimately owned and controlled by funds managed and advised by Adamantem Capital Management. Goulburn Valley Equine Hospital is located in the Goulburn Valley region in Shepparton, Victoria. It primarily supplies complete equine veterinary services, including ambulatory services and specialist equine referral services in the fields of lameness, medicine, surgery, dental and reproduction.

Parties

Acquirer
AAH VETERINARY SERVICES PTY LTD ABN - 31 607 993 233
Target
GOULBURN VALLEY EQUINE HOSPITAL PTY LTD ABN - 66 007 039 750
Other parties
APIAM ANIMAL HEALTH LIMITED ABN - 50 604 961 024
ANZSIC
  • 0191 Horse Farming
  • 0529 Other Agriculture and Fishing Support Services
  • 6970 Veterinary Services

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