Processing timeline
55
days
Acquirer(s)
CVS VETS (AUSTRALIA) PROPRIETARY LIMITED ABN - 35 667 654 686
Target(s) or Vendor(s)
PITTWATER ANIMAL HOSPITAL PTY LTD ABN - 25 001 336 723
Other parties
CVS (AUSTRALIA) HOLDINGS PROPRIETARY LIMITED ABN - 25 667 652 520, SAH NORTHERN BEACHES PTY LTD ABN - 57 689 321 837, SAH AVALON PTY LTD ABN - 46 689 321 793
CVS Vets (Australia) Pty Ltd, a subsidiary of CVS Group Plc, acquired 100% of the shares in Pittwater Animal Hospital. This transaction involves the small animal veterinary services sector, specifically a practice in Warriewood, Sydney's Northern Beaches. CVS Group already operates several veterinary practices in the region.
CVS Vets (Australia) Pty Ltd, a wholly owned subsidiary of CVS (Australia) Holdings Pty Ltd which is part of CVS Group Plc (together, CVS Group ) proposes to acquire 100% of the shares of Pittwater Animal Hospital, a small animal veterinary practice in Warriewood in Sydney's Northern Beaches region (the Acquisition ). CVS Group is an integrated veterinary services provider based in the United Kingdom, and listed on the London Stock Exchange. In Australia, CVS Group owns a number of veterinary practices in Queensland, New South Wales, the Australian Capital Territory, Victoria, South Australia and Western Australia. CVS Group owns a number of veterinary practices in metropolitan Sydney, including holding a majority interest in Sydney Animal Hospitals ( SAH ). SAH operates two clinics in the Northern Beaches region, SAH Newport and SAH Avalon. CVS Group and Pittwater Animal Hospital both supply small animal veterinary services in the Northern Beaches region on the fringes of metropolitan Sydney. Small animal veterinary practices attend to small animals (such as cats, dogs, guinea pigs, birds, rabbits and other pets), rather than larger animals such as cattle, sheep and horses, and offer services such as consultation, general and preventative health care/advice, surgery, microchipping, dentistry, radiology, pathology, pharmacy and related services such as puppy school. There are no vertical overlaps between the parties.