CVS Group
British veterinary services business
From Wikipedia, the free encyclopedia
CVS Group plc is a British veterinary services business. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[2]
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Company type | Public |
|---|---|
| LSE: CVSG | |
| Industry | Veterinary services |
| Founded | 1999 |
| Headquarters | Diss, Norfolk, England |
Key people | David Wilton, Chair Richard Fairman, CEO |
| Revenue | |
| Website | www |
History
Following the implementation, in 1999, of a change in the Veterinary Surgeons Act 1966 so as to allow ownership of veterinary practices by non-veterinary surgeons, a group of individuals took the initiative to form the company.[3]
Simon Innis joined the company as chief executive in January 2004 and led the company through much of its growth as it acquired small veterinary practices around the UK.[4] The company was the subject of an initial public offering on the Alternative Investment Market in October 2007.[5] The former finance director of the business, Richard Fairman, took over as CEO in November 2019.[6]
By 2020, CVS Group was the largest veterinary business in the UK.[7] After the Competition and Markets Authority expressed concerns, a proposed acquisition of a rival business, The Vet, was put on hold in February 2022.[8][9] By 2024, CVS Group and five other companies owned 60% of all UK veterinary practices.[10]
The company transferred from the Alternative Investment Market to the main market in January 2026.[11]
