The EQT-owned UK firm is buying Old Church Veterinary Hospital, which has three practices in Donegal and Sligo. It marks the latest consolidation of Irish vet practices by foreign investors.
The deal sees the Stockholm-listed animal health group acquire the Meath-based company for an initial €84m with a further €60m dependent on targets.
Hundreds of Irish veterinary practices are at a crossroads, with few in-house successors and a surge in interest from corporate investors. HLB Ireland’s managing partner Mark Butler and vet Pete Wedderburn discuss the industry’s transition to a new ownership model.
Consolidation continues at pace among Irish vets, with overseas capital pouring in. By acquiring Village Vets, the US food giant is quadrupling its "pawprint" in Ireland.
Corporate veterinary groups have been “‘buying like blazes” in Ireland since a recent rule change, despite political pressure to keep them out. What does it mean for the business of being a vet?
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