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]

Company type
Public
IndustryVeterinary services
Founded1999
Quick facts Company type, Traded as ...
CVS Group plc
Company type
Public
LSE: CVSG
IndustryVeterinary services
Founded1999
HeadquartersDiss, Norfolk, England
Key people
David Wilton, Chair
Richard Fairman, CEO
RevenueIncrease £673.2 million (2025)[1]
Increase £49.8 million (2025)[1]
Increase £53.0 million (2025)[1]
Websitewww.cvsukltd.co.uk
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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]

References

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