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Sell up of veterinary practices continues
The transaction is Sovereign’s  largest sale to date.
Sovereign sells Linnaeus Group to Mars

Mars Petcare’s Veterinary Health Group has bought the Linnaeus Group from Sovereign Capital Partners, the UK private equity buy and build specialist.

The transaction is Sovereign’s seventh exit from its third fund, and represents its largest sale to date.

Sovereign backed the original Willows Veterinary Centre and Referral Service in September 2014, before undertaking to create the Linnaeus Group.

At exit, it had made 21 acquisitions, including North Downs Specialist Referrals, Avonvale, VRCC Specialists Referrals and Village Vet.

The group expanded from one to 87 sites in England, including five referral centres, and grew from a team of 120 to more than 1,400.

No financial terms have yet been disclosed.

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Sale of microbeads now banned

News Story 1
 The sale of products containing microbeads is now banned across England and Scotland, Defra has confirmed.

As part of government efforts to prevent these plastics ending up in the marine environment, retailers can no longer sell rinse-off cosmetics and personal care products containing microbeads. These tiny plastics were often added to products including face scrubs, soaps, toothpaste and shower gels.

Just a single shower is thought to send 100,000 of these beads down the drain and into the ocean, where it can cause serious harm to marine life. A ban on manufacturing products containing microbeads previously came into force in January this year. 

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News Shorts
George Eustice announces funding for Bovine Viral Diarrhoea

Farming minister George Eustice has announced a 5.7million funding package to help farmers tackle Bovine Viral Diarrhoea (BVD).

The funding will be available in England for three years through the Rural Development Programme and farmers will be able to apply for one-to-one farm advisory visits by a veterinary practitioner.

The project will recruit local vets who will then work with keepers of breeding cattle to tackle BVD on their farms.