CVS Adds To Stable With Acquisition Of Bell Equine
WK Corporate Finance is pleased to announce the sale of Bell Equine Veterinary Clinic in Mereworth, Kent, to CVS (UK) Ltd.
Bell Equine is one of the leading equine hospitals nationally and internationally and was the first practice worldwide to install a standing MRI unit for horses. The acquisition brings a wide range of specialist expertise to CVS, together with a large team of highly experienced clinical professionals. The move follows an increased focus by CVS, the UK’s largest and fastest-growing veterinary group, on equine practice. Its Equine Division has experienced rapid growth over the last 18 months with further expansion expected in the UK and Europe during 2017.
Julian Samuelson, Managing Director of Bell Equine, commented: “WK Corporate Finance advised us on the sale of our business to a much larger company that specialises in acquisitions. WKCF provided us with the support, knowledge and pragmatic advice that we required to be able to sense check the more difficult decisions we were required to make during the negotiation.
“I felt safe with WKCF on our side and able to negotiate on equal terms with the purchaser despite their size and experience.”
Andy Coghlan, Managing Partner at WKCF said: “We were delighted to advise Julian and his colleagues in the sale of Bell Equine and wish them every success for their future with CVS. This was the first transaction we have advised on involving a client of Wilkins Kennedy’s new Maidstone office. We are looking forward to doing more deals in the Kent region and will be making further announcements about our presence there shortly.”