Vets Central / Lava Street Veterinary Clinic and Doggy KinderWA-40032

Parties

Summary

Vets Central, an Australian veterinary group, acquired the business assets of Lava Street Veterinary Clinic and Doggy Kinder. The Warrnambool, Victoria-based target provides full-service veterinary care and dog daycare. This asset acquisition expands Vets Central's network of 84 practices in the veterinary services sector.

Acquisition details

VC Operations (WA) Pty Ltd (together with its associated entities, Vets Central ) propose to acquire 100% of the business assets (both tangible and intangible) of Lava Street Veterinary Clinic and Doggy Kinder from Longyester Pty Ltd as trustee for the Longyester Unit Trust and Doggy Kinder Pty Ltd (the Proposed Acquisition ). Vets Central is an Australian-owned veterinary group that owns and operates 84 first opinion veterinary practices across Australia and New Zealand. In Australia, Vets Central’s practices provide core and ancillary veterinary services, for household pets as well as livestock, and other exotic species. The services primarily include routine, planned, and emergency veterinary services (excluding after-hours services). Lava Street Veterinary Clinic and Doggy Kinder is full-service veterinary practice which also provides a dog daycare facility in the Warrnambool area of Victoria. The business provides a range of first opinion core and ancillary veterinary services for household pets (extending to exotic pets) in the local area.