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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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Report: A third of Welsh birds are in decline

News Story 1
 A report by RSPB Cymru and partnering ornithology organisations has revealed that a third of bird species in Wales are in significant decline.

90 per cent of Wales is farmed and there is now pressure to implement new land management policies that will aid in nature restoration.

Patrick Lindley, Maritime Ornithologist for Natural Resources Wales, commented: “The problems that confront UK birds, whether they are breeding or non-breeding, are pressure and threats that confront entire ecosystems.

“Birds are a great indicator to the health of our environment. The continued population declines of birds of farmed, woodland and upland habitats suggest there are large geographic themes that are having a detrimental impact.”  

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News Shorts
BSAVA announces winner of 2019 Bourgelat Award

One of the world’s leading small animal medicine specialists is set to receive the prestigious Bourgelat Award at BSAVA Congress 2019.

Professor Mike Herrtage will be recognised for his major research into metabolic and endocrine diseases, including diabetes mellitus, Cushing’s disease and Addison’s disease.

During his career, Prof Herrtage has co-authored more than 100 scientific papers and written more than 200 other publications such as abstracts, books and chapters. He also continues to be a source of inspiration for thousands of undergraduate and postgraduate veterinary surgeons.